DZ Bank AG Reiterates “Neutral” Rating for Takkt Ag (TTK)

Takkt Ag (ETR:TTK)‘s stock had its “neutral” rating reaffirmed by analysts at DZ Bank AG in a research report issued to clients and investors on Friday.

TTK has been the topic of a number of other research reports. Berenberg Bank set a €22.00 ($25.88) price target on Takkt Ag and gave the stock a “neutral” rating in a research note on Friday. Hauck & Aufhaeuser set a €23.50 ($27.65) target price on Takkt Ag and gave the company a “buy” rating in a research note on Tuesday. Warburg Research set a €24.30 ($28.59) target price on Takkt Ag and gave the company a “buy” rating in a research note on Wednesday, July 19th. equinet AG set a €21.80 ($25.65) target price on Takkt Ag and gave the company a “buy” rating in a research note on Friday, October 20th. Finally, Kepler Capital Markets set a €22.50 ($26.47) target price on Takkt Ag and gave the company a “neutral” rating in a research note on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Takkt Ag presently has an average rating of “Hold” and a consensus target price of €22.20 ($26.12).

Shares of Takkt Ag (TTK) opened at 17.985 on Friday. The firm has a market capitalization of €1.18 billion and a PE ratio of 14.610. The firm’s 50 day moving average is €19.56 and its 200 day moving average is €20.74. Takkt Ag has a 1-year low of €17.50 and a 1-year high of €23.23.

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About Takkt Ag

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for plant, warehouse and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.

Analyst Recommendations for Takkt Ag (ETR:TTK)

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