Takkt (ETR:TTK) PT Set at €9.50 by Hauck & Aufhaeuser

Takkt (ETR:TTK) has been given a €9.50 ($11.05) price target by equities researchers at Hauck & Aufhaeuser in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. Hauck & Aufhaeuser’s target price would suggest a potential downside of 16.81% from the stock’s current price.

A number of other equities research analysts have also weighed in on the stock. DZ Bank reissued a “buy” rating on shares of Takkt in a report on Friday, September 6th. Berenberg Bank set a €20.00 ($23.26) price objective on shares of Takkt and gave the company a “buy” rating in a report on Friday, August 2nd. Warburg Research set a €17.00 ($19.77) price objective on shares of Takkt and gave the company a “buy” rating in a report on Thursday, August 29th. Kepler Capital Markets set a €17.00 ($19.77) price objective on shares of Takkt and gave the company a “buy” rating in a report on Tuesday, September 24th. Finally, Pareto Securities set a €20.00 ($23.26) price target on shares of Takkt and gave the company a “buy” rating in a report on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €17.16 ($19.95).

Shares of TTK opened at €11.42 ($13.28) on Friday. The firm has a market capitalization of $749.27 million and a PE ratio of 8.40. The company has a debt-to-equity ratio of 38.92, a current ratio of 1.13 and a quick ratio of 0.62. Takkt has a 1-year low of €10.70 ($12.44) and a 1-year high of €16.18 ($18.81). The company’s fifty day moving average price is €11.92 and its 200-day moving average price is €12.94.

Takkt Company Profile

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. It offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for transport, plant, warehouse, and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters and food baskets, as well as kitchen stoves and freezers.

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Analyst Recommendations for Takkt (ETR:TTK)

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