Talanx AG (ETR:TLX) has received an average recommendation of “Buy” from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is €36.38 ($42.31).
TLX has been the subject of several recent analyst reports. JPMorgan Chase & Co. set a €39.50 ($45.93) target price on Talanx and gave the company a “buy” rating in a report on Tuesday. Nord/LB set a €35.00 ($40.70) target price on Talanx and gave the company a “buy” rating in a report on Thursday, November 22nd. Credit Suisse Group set a €40.00 ($46.51) target price on Talanx and gave the company a “buy” rating in a report on Monday, November 26th. DZ Bank reaffirmed a “neutral” rating on shares of Talanx in a report on Tuesday, October 16th. Finally, Societe Generale set a €38.00 ($44.19) target price on Talanx and gave the company a “buy” rating in a report on Monday, November 12th.
TLX stock opened at €31.84 ($37.02) on Friday. Talanx has a 12-month low of €30.66 ($35.65) and a 12-month high of €37.32 ($43.40).
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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