JPMorgan Chase & Co. set a €39.50 ($45.93) price target on Talanx (ETR:TLX) in a research report sent to investors on Tuesday. The firm currently has a buy rating on the stock.
Several other brokerages have also commented on TLX. Deutsche Bank set a €37.00 ($43.02) price target on Talanx and gave the stock a buy rating in a research note on Monday, January 7th. Credit Suisse Group set a €40.00 ($46.51) price target on Talanx and gave the stock a buy rating in a research note on Monday, November 26th. Nord/LB set a €35.00 ($40.70) price target on Talanx and gave the stock a buy rating in a research note on Thursday, November 22nd. HSBC set a €38.00 ($44.19) price target on Talanx and gave the stock a buy rating in a research note on Wednesday, November 14th. Finally, DZ Bank set a €31.00 ($36.05) price target on Talanx and gave the stock a neutral rating in a research note on Monday, November 12th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of €36.38 ($42.31).
ETR TLX opened at €31.84 ($37.02) on Tuesday. Talanx has a 12-month low of €30.66 ($35.65) and a 12-month 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.
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