TAG Immobilien AG (TEG) Receives €19.74 Consensus Target Price from Analysts

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Shares of TAG Immobilien AG (ETR:TEG) have been given a consensus recommendation of “Hold” by the fourteen brokerages that are currently covering the company, Marketbeat reports. Eight investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is €19.74 ($22.96).

Several equities research analysts recently issued reports on the company. Berenberg Bank set a €22.00 ($25.58) price objective on TAG Immobilien and gave the stock a “buy” rating in a report on Monday, August 20th. Jefferies Financial Group set a €15.00 ($17.44) target price on shares of TAG Immobilien and gave the stock a “neutral” rating in a research note on Thursday, August 9th. Nord/LB set a €20.12 ($23.40) target price on shares of TAG Immobilien and gave the stock a “neutral” rating in a research note on Monday, August 20th. Cfra set a €21.30 ($24.77) target price on shares of TAG Immobilien and gave the stock a “neutral” rating in a research note on Friday, August 10th. Finally, Oddo Bhf set a €18.00 ($20.93) target price on shares of TAG Immobilien and gave the stock a “neutral” rating in a research note on Friday, August 10th.

TEG stock opened at €20.32 ($23.63) on Tuesday. TAG Immobilien has a 12-month low of €12.41 ($14.43) and a 12-month high of €16.70 ($19.42).

TAG Immobilien Company Profile

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany.. It also operates commercial real estate properties and boarding houses. As of December 31, 2017, the company managed approximately 83,000 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

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Analyst Recommendations for TAG Immobilien (ETR:TEG)

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