Nord/LB Analysts Give TAG Immobilien (TEG) a €20.12 Price Target

TAG Immobilien (ETR:TEG) has been assigned a €20.12 ($23.40) target price by analysts at Nord/LB in a note issued to investors on Tuesday. The firm currently has a “neutral” rating on the stock. Nord/LB’s price target suggests a potential downside of 7.88% from the company’s current price.

Several other research analysts have also issued reports on TEG. Jefferies Financial Group set a €17.00 ($19.77) price target on TAG Immobilien and gave the stock a “neutral” rating in a research report on Wednesday, March 6th. Deutsche Bank set a €20.00 ($23.26) price target on TAG Immobilien and gave the stock a “neutral” rating in a research report on Thursday, March 7th. Oddo Bhf set a €18.50 ($21.51) price target on TAG Immobilien and gave the stock a “neutral” rating in a research report on Thursday, March 7th. Berenberg Bank set a €23.50 ($27.33) price target on TAG Immobilien and gave the stock a “buy” rating in a research report on Wednesday, January 2nd. Finally, Kepler Capital Markets set a €22.00 ($25.58) price target on TAG Immobilien and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €21.27 ($24.73).

TEG stock traded up €0.16 ($0.19) during midday trading on Tuesday, reaching €21.84 ($25.40). 374,087 shares of the company’s stock traded hands, compared to its average volume of 416,823. TAG Immobilien has a 1-year low of €15.54 ($18.07) and a 1-year high of €22.48 ($26.14). The stock has a market capitalization of $3.17 billion and a price-to-earnings ratio of 6.98. The company has a debt-to-equity ratio of 117.11, a current ratio of 1.02 and a quick ratio of 0.44.

TAG Immobilien Company Profile

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.

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Analyst Recommendations for TAG Immobilien (ETR:TEG)

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