A number of other research firms have also recently issued reports on TTK. equinet set a €18.70 ($23.09) target price on Takkt and gave the company a neutral rating in a research report on Friday, October 27th. Hauck & Aufhaeuser set a €25.00 ($30.86) price target on Takkt and gave the company a buy rating in a research note on Wednesday, January 31st. Warburg Research set a €24.30 ($30.00) price target on Takkt and gave the company a buy rating in a research note on Thursday, October 26th. Kepler Capital Markets set a €19.00 ($23.46) price target on Takkt and gave the company a neutral rating in a research note on Wednesday, January 31st. Finally, DZ Bank reissued a neutral rating on shares of Takkt in a research note on Friday, October 20th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €22.50 ($27.78).
Takkt (TTK) opened at €22.15 ($27.35) on Tuesday. Takkt has a 12-month low of €17.30 ($21.36) and a 12-month high of €23.10 ($28.52). The stock has a market capitalization of $1,450.00 and a PE ratio of 18.61.
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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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