JPMorgan Chase & Co. set a €44.00 ($51.16) price target on Talanx (ETR:TLX) in a research report report published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages also recently weighed in on TLX. HSBC set a €39.50 ($45.93) target price on Talanx and gave the company a buy rating in a research note on Monday, June 3rd. Nord/LB set a €40.00 ($46.51) price target on shares of Talanx and gave the stock a neutral rating in a research report on Tuesday, August 20th. DZ Bank reaffirmed a buy rating on shares of Talanx in a research report on Monday, August 12th. Warburg Research set a €40.80 ($47.44) price target on shares of Talanx and gave the stock a neutral rating in a research report on Friday, August 9th. Finally, Deutsche Bank set a €39.00 ($45.35) price target on shares of Talanx and gave the stock a buy rating in a research report on Tuesday, August 13th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of €38.66 ($44.96).
Shares of Talanx stock opened at €38.40 ($44.65) on Monday. The business has a 50-day moving average of €37.91 and a 200-day moving average of €36.68. The company has a debt-to-equity ratio of 31.89, a current ratio of 1.29 and a quick ratio of 0.75. The company has a market capitalization of $9.71 billion and a PE ratio of 13.07. Talanx has a 1-year low of €28.64 ($33.30) and a 1-year high of €39.88 ($46.37).
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.
Featured Article: Accumulation/Distribution
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.