TAG Immobilien (TEG) Given a €21.30 Price Target at Cfra

Cfra set a €21.30 ($24.77) price target on TAG Immobilien (ETR:TEG) in a research note published on Wednesday. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also recently weighed in on TEG. Deutsche Bank set a €16.50 ($19.19) price objective on shares of TAG Immobilien and gave the company a neutral rating in a report on Tuesday, July 24th. Berenberg Bank set a €20.00 ($23.26) price objective on shares of TAG Immobilien and gave the company a buy rating in a report on Wednesday, August 1st. Kepler Capital Markets set a €21.50 ($25.00) price objective on shares of TAG Immobilien and gave the company a buy rating in a report on Thursday, August 2nd. Jefferies Financial Group set a €15.00 ($17.44) price objective on shares of TAG Immobilien and gave the company a neutral rating in a report on Thursday, August 9th. Finally, Oddo Bhf set a €18.00 ($20.93) price objective on shares of TAG Immobilien and gave the company a neutral rating in a report on Friday, August 10th. Eight research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of €20.46 ($23.79).

TEG opened at €20.26 ($23.56) on Wednesday. TAG Immobilien has a fifty-two week low of €12.41 ($14.43) and a fifty-two week high of €16.70 ($19.42).

About TAG Immobilien

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany.. It also operates commercial real estate properties and boarding houses. As of December 31, 2017, the company managed approximately 83,000 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

Further Reading: Average Daily Trade Volume – ADTV

Analyst Recommendations for TAG Immobilien (ETR:TEG)

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