Takkt Ag (TTK) Earns “Neutral” Rating from DZ Bank AG

DZ Bank AG reiterated their neutral rating on shares of Takkt Ag (ETR:TTK) in a report published on Friday morning.

TTK has been the topic of several other research reports. equinet AG set a €21.80 ($25.65) price objective on Takkt Ag and gave the stock a buy rating in a report on Wednesday, August 2nd. Hauck & Aufhaeuser set a €23.50 ($27.65) price target on Takkt Ag and gave the stock a buy rating in a report on Thursday, October 5th. Berenberg Bank set a €23.80 ($28.00) price target on Takkt Ag and gave the stock a neutral rating in a report on Wednesday, September 20th. Warburg Research set a €24.30 ($28.59) price target on Takkt Ag and gave the stock a buy rating in a report on Thursday. Finally, Kepler Capital Markets set a €22.50 ($26.47) price target on Takkt Ag and gave the stock a neutral rating in a report on Thursday, July 27th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and an average price target of €21.50 ($25.29).

Shares of Takkt Ag (TTK) opened at 17.694 on Friday. The stock has a market cap of €1.16 billion and a P/E ratio of 14.374. Takkt Ag has a 1-year low of €17.50 and a 1-year high of €23.23. The firm’s 50-day moving average price is €19.52 and its 200 day moving average price is €20.73.

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Takkt Ag Company Profile

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for plant, warehouse and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.

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