Talanx AG (ETR:TLX) has received an average rating of “Buy” from the twelve research firms that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is €36.47 ($42.40).
Several brokerages have recently weighed in on TLX. Nord/LB set a €38.00 ($44.19) price target on Talanx and gave the stock a “buy” rating in a report on Tuesday, August 14th. Baader Bank set a €34.00 ($39.53) price target on Talanx and gave the stock a “neutral” rating in a report on Monday, August 13th. Deutsche Bank set a €39.00 ($45.35) price target on Talanx and gave the stock a “buy” rating in a report on Tuesday, October 2nd. JPMorgan Chase & Co. set a €39.50 ($45.93) price target on Talanx and gave the stock a “buy” rating in a report on Monday, October 22nd. Finally, Commerzbank set a €37.00 ($43.02) price target on Talanx and gave the stock a “buy” rating in a report on Thursday, August 23rd.
TLX stock traded up €0.42 ($0.49) during midday trading on Friday, reaching €31.06 ($36.12). 72,901 shares of the company traded hands, compared to its average volume of 138,773. Talanx has a 52-week low of €30.66 ($35.65) and a 52-week 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.
See Also: Can systematic risk be avoided?
Receive News & Ratings for Talanx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talanx and related companies with MarketBeat.com's FREE daily email newsletter.