Shares of Takkt Ag (ETR:TTK) have received an average recommendation of “Hold” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is €22.02 ($27.18).
Several equities analysts recently weighed in on the stock. Kepler Capital Markets set a €19.00 ($23.46) price target on shares of Takkt and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Commerzbank set a €22.00 ($27.16) price target on shares of Takkt and gave the stock a “neutral” rating in a report on Thursday, March 29th. Hauck & Aufhaeuser set a €20.50 ($25.31) price target on shares of Takkt and gave the stock a “neutral” rating in a report on Thursday. DZ Bank restated a “neutral” rating on shares of Takkt in a research report on Friday, April 6th. Finally, Berenberg Bank set a €23.50 ($29.01) price objective on shares of Takkt and gave the stock a “neutral” rating in a research report on Friday, March 23rd.
TTK traded down €0.32 ($0.40) during trading on Monday, hitting €18.66 ($23.04). 70,320 shares of the company traded hands, compared to its average volume of 67,952. Takkt has a one year low of €17.30 ($21.36) and a one year high of €23.10 ($28.52).
Takkt Company Profile
TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for plant, warehouse and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.
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