Baader Bank Reiterates €22.00 Price Target for TAG Immobilien (ETR:TEG)

Baader Bank set a €22.00 ($25.58) price objective on TAG Immobilien (ETR:TEG) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

TEG has been the topic of several other reports. Deutsche Bank set a €21.50 ($25.00) target price on shares of TAG Immobilien and gave the stock a neutral rating in a research note on Thursday, August 8th. Berenberg Bank set a €23.50 ($27.33) target price on shares of TAG Immobilien and gave the stock a buy rating in a research note on Thursday, August 8th. Nord/LB set a €20.12 ($23.40) target price on shares of TAG Immobilien and gave the stock a neutral rating in a research note on Monday, April 29th. Oddo Bhf set a €20.00 ($23.26) target price on shares of TAG Immobilien and gave the stock a neutral rating in a research note on Friday, August 9th. Finally, Jefferies Financial Group set a €19.00 ($22.09) target price on shares of TAG Immobilien and gave the stock a neutral rating in a research note on Thursday, August 8th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. TAG Immobilien presently has a consensus rating of Hold and a consensus price target of €21.79 ($25.34).

ETR TEG opened at €20.74 ($24.12) on Wednesday. TAG Immobilien has a 1 year low of €19.33 ($22.48) and a 1 year high of €22.48 ($26.14). The company has a debt-to-equity ratio of 115.87, a current ratio of 1.09 and a quick ratio of 0.60. The stock has a market capitalization of $3.03 billion and a PE ratio of 6.64. The company’s 50 day simple moving average is €21.10 and its two-hundred day simple moving average is €20.99.

TAG Immobilien Company Profile

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also operates commercial real estate properties. As of December 31, 2018, the company managed approximately 84,400 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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