DZ Bank reaffirmed their buy rating on shares of Talanx (ETR:TLX) in a research note issued to investors on Monday, Borsen Zeitung reports.
A number of other equities analysts have also weighed in on TLX. Oddo Bhf set a €39.00 ($45.35) target price on Talanx and gave the stock a buy rating in a research report on Thursday, May 16th. Nord/LB set a €40.00 ($46.51) target price on Talanx and gave the stock a buy rating in a research report on Tuesday, May 21st. HSBC set a €39.50 ($45.93) target price on Talanx and gave the stock a buy rating in a research report on Monday, June 3rd. Warburg Research set a €40.80 ($47.44) target price on Talanx and gave the stock a neutral rating in a research report on Friday, August 9th. Finally, JPMorgan Chase & Co. set a €42.00 ($48.84) target price on Talanx and gave the stock a buy rating in a research report on Monday, July 22nd. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of €38.48 ($44.75).
Shares of ETR:TLX opened at €37.06 ($43.09) 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 business has a 50-day simple moving average of €38.51 and a two-hundred day simple moving average of €35.93. The company has a debt-to-equity ratio of 31.94, a quick ratio of 0.76 and a current ratio of 1.31. The firm has a market cap of $9.37 billion and a price-to-earnings ratio of 13.00.
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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