Talanx (TLX) Given “Buy” Rating at DZ Bank

DZ Bank restated their buy rating on shares of Talanx (ETR:TLX) in a research note released on Thursday, Borsen Zeitung reports.

TLX has been the subject of a number of other reports. JPMorgan Chase & Co. set a €39.50 ($45.93) price target on shares of Talanx and gave the stock a buy rating in a research note on Thursday, April 25th. Deutsche Bank set a €39.00 ($45.35) price target on shares of Talanx and gave the stock a buy rating in a research note on Wednesday, May 8th. Nord/LB set a €38.50 ($44.77) target price on shares of Talanx and gave the company a buy rating in a research note on Friday, March 22nd. Finally, HSBC set a €39.00 ($45.35) target price on shares of Talanx and gave the company a buy rating in a research note on Wednesday, March 20th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of €36.93 ($42.94).

TLX stock opened at €35.36 ($41.12) on Thursday. Talanx has a 1 year low of €28.64 ($33.30) and a 1 year high of €36.30 ($42.21). The stock has a market capitalization of $8.94 billion and a P/E ratio of 12.72. The company has a quick ratio of 0.27, a current ratio of 0.67 and a debt-to-equity ratio of 34.94.

Talanx Company Profile

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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Analyst Recommendations for Talanx (ETR:TLX)

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