Deutsche Bank Reiterates “€37.50” Price Target for TLG Immobilien (ETR:TLG)

Deutsche Bank set a €37.50 ($43.60) price objective on TLG Immobilien (ETR:TLG) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Berenberg Bank set a €30.00 ($34.88) price target on shares of TLG Immobilien and gave the company a neutral rating in a research note on Tuesday. JPMorgan Chase & Co. set a €33.00 ($38.37) price objective on shares of TLG Immobilien and gave the company a buy rating in a report on Monday. HSBC set a €31.50 ($36.63) price objective on shares of TLG Immobilien and gave the company a buy rating in a report on Friday, July 5th. Kepler Capital Markets set a €29.50 ($34.30) price objective on shares of TLG Immobilien and gave the company a buy rating in a report on Wednesday, May 15th. Finally, Jefferies Financial Group set a €28.00 ($32.56) price objective on shares of TLG Immobilien and gave the company a neutral rating in a report on Monday. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of €30.20 ($35.12).

TLG opened at €26.90 ($31.28) on Tuesday. TLG Immobilien has a one year low of €21.14 ($24.58) and a one year high of €28.10 ($32.67). The company has a debt-to-equity ratio of 72.91, a current ratio of 1.49 and a quick ratio of 0.89. The company’s 50 day simple moving average is €26.69 and its 200-day simple moving average is €26.50. The stock has a market capitalization of $2.78 billion and a P/E ratio of 8.87.

About TLG Immobilien

TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, disposal, and renting of office, retail, and hotel properties. It operates seven hotels. The company was founded in 1991 and is headquartered in Berlin, Germany.

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Analyst Recommendations for TLG Immobilien (ETR:TLG)

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