Takkt (ETR:TTK) has been assigned a €20.50 ($25.31) price target by analysts at Hauck & Aufhaeuser in a research note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock. Hauck & Aufhaeuser’s price target would indicate a potential upside of 8.93% from the stock’s previous close.
A number of other analysts also recently issued reports on the stock. DZ Bank reiterated a “neutral” rating on shares of Takkt in a report on Friday, February 16th. Commerzbank set a €26.00 ($32.10) price objective on shares of Takkt and gave the company a “buy” rating in a report on Thursday, February 15th. Berenberg Bank set a €23.50 ($29.01) price objective on shares of Takkt and gave the company a “neutral” rating in a report on Friday, February 16th. Warburg Research set a €24.80 ($30.62) price objective on shares of Takkt and gave the company a “buy” rating in a report on Friday, February 16th. Finally, Kepler Capital Markets set a €19.00 ($23.46) price objective on shares of Takkt and gave the company a “neutral” rating in a report on Thursday, February 15th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Takkt currently has an average rating of “Hold” and a consensus price target of €22.10 ($27.28).
ETR TTK opened at €18.82 ($23.23) on Thursday. Takkt has a 12-month low of €17.30 ($21.36) and a 12-month high of €23.10 ($28.52).
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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