JPMorgan Chase & Co. set a €33.00 ($38.37) target price on TLG Immobilien (ETR:TLG) in a research report sent to investors on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also commented on TLG. Kepler Capital Markets set a €29.50 ($34.30) target price on TLG Immobilien and gave the company a buy rating in a report on Wednesday, May 15th. Baader Bank set a €30.00 ($34.88) price objective on TLG Immobilien and gave the stock a buy rating in a report on Friday, July 12th. Berenberg Bank set a €28.50 ($33.14) price objective on TLG Immobilien and gave the stock a neutral rating in a report on Monday, May 13th. Jefferies Financial Group set a €28.00 ($32.56) price objective on TLG Immobilien and gave the stock a neutral rating in a report on Tuesday, July 9th. Finally, UBS Group set a €28.00 ($32.56) price objective on TLG Immobilien and gave the stock a neutral rating in a report on Wednesday, May 8th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of Buy and an average target price of €30.20 ($35.12).
ETR:TLG traded down €0.05 ($0.06) during trading hours on Monday, hitting €26.95 ($31.34). The company’s stock had a trading volume of 36,244 shares, compared to its average volume of 144,049. The company has a market capitalization of $2.79 billion and a PE ratio of 8.89. The company has a fifty day simple moving average of €26.74. The company has a debt-to-equity ratio of 72.91, a current ratio of 1.49 and a quick ratio of 0.89. TLG Immobilien has a 52-week low of €21.14 ($24.58) and a 52-week high of €28.10 ($32.67).
About TLG Immobilien
TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, disposal, and renting of office, retail, and hotel properties. It operates seven hotels. The company was founded in 1991 and is headquartered in Berlin, Germany.
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