Talanx AG (TLX) Receives Average Rating of “Buy” from Brokerages

Shares of Talanx AG (ETR:TLX) have been assigned a consensus rating of “Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is €37.53 ($43.64).

TLX has been the topic of a number of research analyst reports. equinet set a €39.00 ($45.35) price target on Talanx and gave the company a “buy” rating in a report on Monday, August 13th. Deutsche Bank set a €40.00 ($46.51) price target on Talanx and gave the company a “buy” rating in a report on Monday, July 23rd. JPMorgan Chase & Co. set a €41.00 ($47.67) price target on Talanx and gave the company a “buy” rating in a report on Wednesday, July 18th. Nord/LB set a €38.00 ($44.19) price target on Talanx and gave the company a “buy” rating in a report on Tuesday, August 14th. Finally, Societe Generale set a €38.00 ($44.19) price target on Talanx and gave the company a “buy” rating in a report on Wednesday, August 15th.

Shares of ETR:TLX opened at €30.70 ($35.70) on Monday. Talanx has a 1 year low of €30.66 ($35.65) and a 1 year high of €37.32 ($43.40).



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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