Talanx (ETR:TLX) Given a €39.00 Price Target at Deutsche Bank

Deutsche Bank set a €39.00 ($45.35) price target on Talanx (ETR:TLX) in a research report released on Wednesday, June 26th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

TLX has been the subject of several other research reports. Nord/LB set a €53.00 ($61.63) target price on shares of Lanxess and gave the stock a neutral rating in a research note on Tuesday, May 21st. HSBC reduced their price objective on shares of Canada Goose from C$62.00 to C$55.00 and set a buy rating for the company in a research note on Monday, June 3rd. JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 650 ($8.49) price objective on shares of in a research note on Thursday, June 20th. DZ Bank reiterated a buy rating on shares of Talanx in a research report on Thursday, May 9th. Finally, Oddo Bhf set a €23.60 ($27.44) target price on shares of RWE and gave the company a neutral rating in a research report on Thursday, May 16th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus target price of €37.28 ($43.35).

ETR TLX traded down €0.32 ($0.37) on Wednesday, hitting €39.02 ($45.37). 79,596 shares of the company were exchanged, compared to its average volume of 138,773. The stock has a market capitalization of $9.86 billion and a P/E ratio of 13.69. Talanx has a 12 month low of €28.64 ($33.30) and a 12 month high of €39.88 ($46.37). The stock’s fifty day moving average is €37.64. The company has a debt-to-equity ratio of 31.94, a quick ratio of 0.76 and a current ratio of 1.31.

Talanx Company Profile

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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Analyst Recommendations for Talanx (ETR:TLX)

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