TLG Immobilien AG (ETR:TLG) has been given a consensus recommendation of “Hold” by the eleven research firms that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is €25.55 ($29.70).
TLG has been the subject of a number of research analyst reports. Jefferies Financial Group set a €20.00 ($23.26) price objective on shares of TLG Immobilien and gave the company a “neutral” rating in a report on Friday, November 9th. Berenberg Bank set a €26.50 ($30.81) target price on TLG Immobilien and gave the stock a “buy” rating in a research note on Friday, December 21st. Baader Bank set a €22.50 ($26.16) price target on TLG Immobilien and gave the company a “neutral” rating in a research note on Thursday, November 8th. Commerzbank set a €28.00 ($32.56) price target on TLG Immobilien and gave the company a “buy” rating in a research note on Thursday, November 8th. Finally, Warburg Research set a €25.00 ($29.07) target price on TLG Immobilien and gave the company a “neutral” rating in a research note on Monday, November 19th.
TLG traded down €0.34 ($0.40) during midday trading on Tuesday, hitting €25.66 ($29.84). 116,779 shares of the company traded hands, compared to its average volume of 144,049. TLG Immobilien has a 52 week low of €17.40 ($20.23) and a 52 week high of €23.30 ($27.09).
About TLG Immobilien
TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, and disposal of commercial real estate properties, including office, retail, and hotel properties. It operates seven hotels in Berlin, Dresden, Leipzig, and Rostock.
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