Talanx AG (ETR:TLX) has received an average rating of “Buy” from the twelve research firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is €36.87 ($42.88).
A number of equities research analysts have weighed in on TLX shares. JPMorgan Chase & Co. set a €39.50 ($45.93) price objective on Talanx and gave the company a “buy” rating in a report on Monday, October 22nd. equinet set a €39.00 ($45.35) price objective on Talanx and gave the company a “buy” rating in a report on Tuesday, October 16th. Commerzbank set a €37.00 ($43.02) price objective on Talanx and gave the company a “buy” rating in a report on Wednesday, October 17th. Warburg Research set a €35.30 ($41.05) price objective on Talanx and gave the company a “neutral” rating in a report on Friday, October 19th. Finally, Deutsche Bank set a €38.00 ($44.19) price objective on Talanx and gave the company a “buy” rating in a report on Tuesday, November 13th.
ETR TLX traded up €0.30 ($0.35) during trading on Wednesday, reaching €33.60 ($39.07). 120,648 shares of the company traded hands, compared to its average volume of 138,773. Talanx has a 1-year low of €30.66 ($35.65) and a 1-year high of €37.32 ($43.40).
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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