Hauck & Aufhaeuser set a €23.50 ($29.01) price objective on Takkt (ETR:TTK) in a research note published on Friday, March 16th. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts have also commented on the stock. DZ Bank reissued a neutral rating on shares of Takkt in a research note on Friday, February 16th. Commerzbank set a €26.00 ($32.10) target price on shares of Takkt and gave the stock a buy rating in a research note on Thursday, February 15th. Berenberg Bank set a €23.50 ($29.01) target price on shares of Takkt and gave the stock a neutral rating in a research note on Friday, February 16th. Warburg Research set a €24.80 ($30.62) target price on shares of Takkt and gave the stock a buy rating in a research note on Friday, February 16th. Finally, Kepler Capital Markets set a €19.00 ($23.46) target price on shares of Takkt and gave the stock a neutral rating in a research note on Thursday, February 15th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of €22.52 ($27.80).
ETR:TTK traded up €0.50 ($0.62) during mid-day trading on Friday, hitting €19.12 ($23.60). 52,811 shares of the company’s stock were exchanged, compared to its average volume of 67,952. Takkt has a one year low of €17.30 ($21.36) and a one year high of €23.10 ($28.52).
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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.
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