Kepler Capital Markets set a €16.50 ($19.19) price objective on Takkt (ETR:TTK) in a research report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other brokerages have also weighed in on TTK. Berenberg Bank set a €20.00 ($23.26) price objective on Takkt and gave the company a buy rating in a report on Friday, February 22nd. Warburg Research set a €20.00 ($23.26) price objective on Takkt and gave the company a buy rating in a report on Thursday, April 25th. Finally, DZ Bank reissued a neutral rating on shares of Takkt in a report on Monday, February 25th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Takkt has a consensus rating of Buy and a consensus target price of €18.35 ($21.34).
Shares of TTK stock opened at €13.98 ($16.26) on Monday. The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 29.24. The stock has a market capitalization of $917.23 million and a PE ratio of 10.28. Takkt has a fifty-two week low of €12.00 ($13.95) and a fifty-two week high of €19.04 ($22.14).
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 transport, 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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