Talanx (ETR:TLX) has been assigned a €35.00 ($40.70) target price by investment analysts at Nord/LB in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. Nord/LB’s price target would indicate a potential upside of 14.23% from the company’s current price.
Several other equities analysts also recently commented on the company. JPMorgan Chase & Co. set a €39.50 ($45.93) price objective on Talanx and gave the company a “buy” rating in a research note on Monday, October 22nd. Commerzbank set a €37.00 ($43.02) price objective on Talanx and gave the company a “buy” rating in a research note on Thursday, August 23rd. equinet set a €39.00 ($45.35) price objective on Talanx and gave the company a “buy” rating in a research note on Tuesday, October 16th. Warburg Research set a €35.30 ($41.05) price objective on Talanx and gave the company a “neutral” rating in a research note on Friday, October 19th. Finally, Societe Generale set a €38.00 ($44.19) price objective on Talanx and gave the company a “buy” rating in a research note on Wednesday, August 15th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Talanx currently has an average rating of “Buy” and an average target price of €36.47 ($42.40).
Talanx stock opened at €30.64 ($35.63) on Thursday. Talanx has a 12 month low of €30.66 ($35.65) and a 12 month high of €37.32 ($43.40).
Talanx Aktiengesellschaft provides insurance and reinsurance products and services worldwide. The company offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance.
Further Reading: Buyback
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