Talanx AG (ETR:TLX) Receives Average Recommendation of “Buy” from Analysts

Talanx AG (ETR:TLX) has been assigned an average rating of “Buy” from the thirteen analysts that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is €37.97 ($44.15).

A number of research analysts have issued reports on the company. HSBC set a €39.50 ($45.93) price objective on Talanx and gave the company a “buy” rating in a research note on Monday, June 3rd. JPMorgan Chase & Co. set a €42.00 ($48.84) price objective on Talanx and gave the company a “buy” rating in a research note on Monday, July 22nd. DZ Bank restated a “buy” rating on shares of Talanx in a research note on Tuesday, July 30th. Oddo Bhf set a €39.00 ($45.35) price objective on Talanx and gave the company a “buy” rating in a research note on Thursday, May 16th. Finally, Deutsche Bank set a €39.00 ($45.35) price objective on Talanx and gave the company a “buy” rating in a research note on Wednesday, June 26th.

ETR:TLX traded down €0.78 ($0.91) during trading on Wednesday, reaching €37.32 ($43.40). The company’s stock had a trading volume of 122,531 shares, compared to its average volume of 138,773. The company has a market capitalization of $9.43 billion and a price-to-earnings ratio of 13.09. The company has a debt-to-equity ratio of 31.94, a quick ratio of 0.76 and a current ratio of 1.31. The company has a 50 day simple moving average of €38.49. Talanx has a 12 month low of €28.64 ($33.30) and a 12 month high of €39.88 ($46.37).

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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