Talanx AG (TLX) Receives Consensus Rating of “Buy” from Brokerages

Shares of Talanx AG (ETR:TLX) have been given an average recommendation of “Buy” by the twelve analysts that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is €36.38 ($42.31).

TLX has been the topic of several recent analyst reports. JPMorgan Chase & Co. set a €39.50 ($45.93) target price on Talanx and gave the stock a “buy” rating in a research note on Monday, November 12th. Nord/LB set a €35.00 ($40.70) target price on Talanx and gave the stock a “buy” rating in a research note on Thursday, November 22nd. Deutsche Bank set a €38.00 ($44.19) target price on Talanx and gave the stock a “buy” rating in a research note on Wednesday, October 31st. Credit Suisse Group set a €40.00 ($46.51) target price on Talanx and gave the stock a “buy” rating in a research note on Monday, November 26th. Finally, Societe Generale set a €38.00 ($44.19) target price on Talanx and gave the stock a “buy” rating in a research note on Monday, November 12th.

Shares of ETR:TLX opened at €31.84 ($37.02) on Friday. Talanx has a 12-month low of €30.66 ($35.65) and a 12-month high of €37.32 ($43.40).

About Talanx

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.

See Also: How is net asset value different from market price?

Analyst Recommendations for Talanx (ETR:TLX)

Receive News & Ratings for Talanx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talanx and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply