Talanx’s (TLX) “Buy” Rating Reiterated at DZ Bank

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DZ Bank restated their buy rating on shares of Talanx (ETR:TLX) in a research report report published on Monday, Borsen Zeitung reports.

Other analysts have also recently issued reports about the stock. HSBC set a €39.50 ($45.93) price target on shares of Talanx and gave the company a buy rating in a report on Monday, June 3rd. Deutsche Bank set a €39.00 ($45.35) price target on shares of Talanx and gave the company a buy rating in a report on Wednesday, June 26th. Warburg Research set a €40.80 ($47.44) price target on shares of Talanx and gave the company a neutral rating in a report on Friday, August 9th. Nord/LB set a €40.00 ($46.51) price target on shares of Talanx and gave the company a buy rating in a report on Tuesday, May 21st. Finally, JPMorgan Chase & Co. set a €42.00 ($48.84) price objective on shares of Talanx and gave the company a buy rating in a research report on Monday, July 22nd. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Talanx presently has a consensus rating of Buy and a consensus target price of €38.18 ($44.39).

ETR:TLX opened at €37.22 ($43.28) on Monday. Talanx has a fifty-two week low of €28.64 ($33.30) and a fifty-two week high of €39.88 ($46.37). The company has a market cap of $9.41 billion and a PE ratio of 13.06. The company has a quick ratio of 0.76, a current ratio of 1.31 and a debt-to-equity ratio of 31.94. The firm has a 50-day moving average price of €38.52.

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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