Talanx (ETR:TLX) Given a €47.00 Price Target by JPMorgan Chase & Co. Analysts

Talanx (ETR:TLX) has been assigned a €47.00 ($54.65) price target by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 13.36% from the company’s current price.

A number of other equities analysts have also recently issued reports on the company. DZ Bank reiterated a “buy” rating on shares of Talanx in a report on Monday, August 12th. Warburg Research set a €40.80 ($47.44) price objective on Talanx and gave the stock a “neutral” rating in a report on Friday, August 9th. Deutsche Bank set a €39.00 ($45.35) price objective on Talanx and gave the stock a “buy” rating in a report on Monday, September 30th. Finally, Nord/LB set a €40.00 ($46.51) price objective on Talanx and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €38.94 ($45.27).

TLX opened at €41.46 ($48.21) on Thursday. The stock has a 50-day moving average price of €39.46 and a 200-day moving average price of €37.60. Talanx has a 12-month low of €29.04 ($33.77) and a 12-month high of €42.54 ($49.47). The company has a current ratio of 1.29, a quick ratio of 0.75 and a debt-to-equity ratio of 31.89. The stock has a market capitalization of $10.48 billion and a P/E ratio of 14.11.

About Talanx

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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