Talanx (ETR:TLX) Given a €47.00 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €47.00 ($54.65) price target on Talanx (ETR:TLX) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also issued reports on TLX. Warburg Research set a €40.80 ($47.44) price target on Talanx and gave the stock a neutral rating in a research report on Friday, August 9th. DZ Bank reiterated a buy rating on shares of Talanx in a research report on Monday, August 12th. Nord/LB set a €40.00 ($46.51) price target on Talanx and gave the stock a neutral rating in a research report on Tuesday, August 20th. Finally, Deutsche Bank set a €39.00 ($45.35) price target on Talanx and gave the stock a buy rating in a research report on Monday, September 30th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of Buy and an average target price of €38.94 ($45.27).

TLX stock traded up €0.54 ($0.63) during trading on Thursday, reaching €41.46 ($48.21). 126,705 shares of the company’s stock were exchanged, compared to its average volume of 138,773. The company has a quick ratio of 0.75, a current ratio of 1.29 and a debt-to-equity ratio of 31.89. Talanx has a 1-year low of €29.04 ($33.77) and a 1-year high of €42.54 ($49.47). The company’s fifty day moving average price is €39.38 and its 200-day moving average price is €37.56. The firm has a market cap of $10.48 billion and a PE ratio of 14.11.

Talanx Company Profile

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.

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Analyst Recommendations for Talanx (ETR:TLX)

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