TAG Immobilien (TEG) PT Set at €17.00 by Jefferies Financial Group

TAG Immobilien (ETR:TEG) has been given a €17.00 ($19.77) price target by equities researchers at Jefferies Financial Group in a research report issued on Friday. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 18.66% from the stock’s previous close.

A number of other equities analysts have also commented on the company. Commerzbank set a €20.50 ($23.84) price target on TAG Immobilien and gave the company a “neutral” rating in a research note on Tuesday, October 9th. Baader Bank set a €21.00 ($24.42) price target on TAG Immobilien and gave the company a “neutral” rating in a research note on Tuesday, September 18th. Kepler Capital Markets set a €21.50 ($25.00) price target on TAG Immobilien and gave the company a “buy” rating in a research note on Thursday, August 2nd. Oddo Bhf set a €18.00 ($20.93) price target on TAG Immobilien and gave the company a “neutral” rating in a research note on Friday, August 10th. Finally, Nord/LB set a €20.12 ($23.40) price target on TAG Immobilien and gave the company a “neutral” rating in a research note on Monday, August 20th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €20.46 ($23.79).

TAG Immobilien stock traded up €0.04 ($0.05) during midday trading on Friday, reaching €20.90 ($24.30). 202,280 shares of the stock traded hands, compared to its average volume of 416,823. TAG Immobilien has a 12 month low of €12.41 ($14.43) and a 12 month high of €16.70 ($19.42).

About TAG Immobilien

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany.. It also operates commercial real estate properties and boarding houses. As of December 31, 2017, the company managed approximately 83,000 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

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Analyst Recommendations for TAG Immobilien (ETR:TEG)

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