Talanx AG (TLX) Given a €29.00 Price Target by Baader Bank Analysts

Talanx AG (ETR:TLX) has been given a €29.00 ($34.52) target price by investment analysts at Baader Bank in a report released on Thursday. The firm presently has a “sell” rating on the stock.

Several other research analysts have also recently issued reports on TLX. Deutsche Bank AG set a €38.00 ($45.24) price objective on Talanx AG and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Commerzbank Ag set a €32.00 ($38.10) price objective on Talanx AG and gave the stock a “neutral” rating in a research report on Monday, August 14th. J P Morgan Chase & Co set a €35.00 ($41.67) price objective on Talanx AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Societe Generale set a €37.50 ($44.64) price objective on Talanx AG and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Finally, Nord/LB set a €38.00 ($45.24) price objective on Talanx AG and gave the stock a “neutral” rating in a research report on Friday, August 18th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Talanx AG presently has an average rating of “Hold” and a consensus target price of €35.77 ($42.59).

Shares of Talanx AG (TLX) opened at 33.927 on Thursday. The company has a 50-day moving average of €34.77 and a 200-day moving average of €33.70. The firm has a market cap of €8.58 billion and a PE ratio of 8.870. Talanx AG has a 1-year low of €26.50 and a 1-year high of €36.50.

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About Talanx AG

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.

Analyst Recommendations for Talanx AG (ETR:TLX)

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