J P Morgan Chase & Co Analysts Give TLG Immobilien AG (ETR:TLG) a €22.50 Price Target

TLG Immobilien AG (ETR:TLG) received a €22.50 ($26.47) price objective from stock analysts at J P Morgan Chase & Co in a report released on Thursday, July 13th. The brokerage presently has a “buy” rating on the stock.

TLG has been the topic of several other research reports. Kepler Capital Markets set a €22.00 ($25.88) price target on TLG Immobilien AG and gave the company a “buy” rating in a report on Wednesday, May 31st. Nord/LB set a €18.00 ($21.18) price target on TLG Immobilien AG and gave the company a “neutral” rating in a report on Saturday, May 20th. HSBC Holdings plc set a €22.00 ($25.88) price target on TLG Immobilien AG and gave the company a “buy” rating in a report on Friday, June 16th. Finally, Berenberg Bank set a €22.00 ($25.88) price target on TLG Immobilien AG and gave the company a “buy” rating in a report on Saturday, May 20th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. TLG Immobilien AG has an average rating of “Buy” and an average price target of €20.86 ($24.54).

Shares of TLG Immobilien AG (ETR:TLG) opened at 18.063 on Thursday. The firm has a market cap of €1.34 billion and a P/E ratio of 12.893. TLG Immobilien AG has a one year low of €16.38 and a one year high of €20.58. The firm has a 50-day moving average price of €18.22 and a 200 day moving average price of €18.20.

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About TLG Immobilien AG

TLG Immobilien AG, formerly TLG Immobilien GmbH, is a Germany-based company engaged in the financial industry. The Company acquires, develops and markets real estate properties in the domestic market. It constructs, modernizes, renovates, buys, sells and rents various types of office and retail properties.

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