Brokerages Set TLG Immobilien AG (ETR:TLG) PT at €28.35

TLG Immobilien AG (ETR:TLG) has been assigned an average rating of “Buy” from the ten brokerages that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is €29.30 ($34.07).

A number of equities research analysts have recently commented on the stock. Baader Bank set a €30.00 ($34.88) price objective on shares of TLG Immobilien and gave the company a “buy” rating in a research note on Friday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 190 ($2.48) price objective on shares of Cairn Energy in a research note on Monday, May 13th. Deutsche Bank raised shares of Arista Networks from a “sell” rating to a “hold” rating and upped their price objective for the company from $190.00 to $225.00 in a research note on Tuesday, March 19th. HSBC upped their price objective on shares of Johnson Service Group from GBX 148 ($1.93) to GBX 180 ($2.35) and gave the company a “buy” rating in a research note on Friday, July 5th. Finally, UBS Group set a $70.00 price objective on shares of Lumentum and gave the company a “buy” rating in a research note on Wednesday, May 8th.

TLG stock traded down €0.45 ($0.52) during trading on Tuesday, reaching €26.75 ($31.10). 160,794 shares of the company were exchanged, compared to its average volume of 144,049. The business’s 50-day moving average is €26.78. The company has a market capitalization of $2.77 billion and a P/E ratio of 8.82. TLG Immobilien has a twelve month low of €21.14 ($24.58) and a twelve month high of €28.10 ($32.67). The company has a debt-to-equity ratio of 72.91, a current ratio of 1.49 and a quick ratio of 0.89.

TLG Immobilien Company Profile

TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, disposal, and renting of office, retail, and hotel properties. It operates seven hotels. The company was founded in 1991 and is headquartered in Berlin, Germany.

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Analyst Recommendations for TLG Immobilien (ETR:TLG)

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