Warburg Research set a €10.00 ($11.63) target price on Takkt (ETR:TTK) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms have also recently commented on TTK. Berenberg Bank set a €16.50 ($19.19) target price on Takkt and gave the company a buy rating in a research note on Thursday, February 20th. DZ Bank reaffirmed a buy rating on shares of Takkt in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of €14.50 ($16.86).
TTK opened at €6.90 ($8.02) on Monday. The stock has a market cap of $452.64 million and a price-to-earnings ratio of 5.31. The stock’s 50 day moving average price is €10.60 and its 200-day moving average price is €11.56. Takkt has a one year low of €6.00 ($6.98) and a one year high of €15.82 ($18.40). The company has a debt-to-equity ratio of 33.29, a quick ratio of 0.61 and a current ratio of 1.10.
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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