Baader Bank set a €34.00 ($41.98) price target on Talanx (ETR:TLX) in a research note released on Thursday. The firm currently has a neutral rating on the stock.
Several other research analysts also recently weighed in on the company. Warburg Research set a €37.30 ($46.05) price target on Talanx and gave the stock a neutral rating in a research note on Tuesday, January 23rd. Commerzbank reiterated a neutral rating and set a price target on shares of Talanx in a research note on Monday, January 22nd. JPMorgan Chase set a €39.80 ($49.14) price target on Talanx and gave the stock a buy rating in a research note on Wednesday, February 7th. DZ Bank reiterated a sell rating on shares of Talanx in a research note on Wednesday, January 24th. Finally, Credit Suisse Group set a €40.00 ($49.38) price target on Talanx and gave the stock a buy rating in a research note on Wednesday, January 17th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Talanx presently has a consensus rating of Hold and a consensus price target of €37.86 ($46.74).
Shares of TLX stock traded down €0.20 ($0.25) on Thursday, hitting €36.70 ($45.31). 100,292 shares of the stock were exchanged, compared to its average volume of 138,773. Talanx has a one year low of €30.66 ($37.85) and a one year high of €37.32 ($46.07).
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Talanx Aktiengesellschaft provides insurance and reinsurance products and services worldwide. The company offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive householders, comprehensive home-owners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, financial lines, and other property insurance, as well as coverage for fire and fire loss of profits insurance.
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