Berenberg Bank set a €30.00 ($34.88) price target on TLG Immobilien (ETR:TLG) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research firms have also weighed in on TLG. Kepler Capital Markets set a €29.50 ($34.30) target price on TLG Immobilien and gave the company a buy rating in a report on Wednesday, May 15th. HSBC set a €31.50 ($36.63) target price on TLG Immobilien and gave the company a buy rating in a report on Friday, July 5th. UBS Group set a €28.00 ($32.56) target price on TLG Immobilien and gave the company a neutral rating in a report on Monday, August 12th. Jefferies Financial Group set a €28.00 ($32.56) price target on TLG Immobilien and gave the stock a neutral rating in a report on Monday, August 12th. Finally, JPMorgan Chase & Co. set a €33.00 ($38.37) price target on TLG Immobilien and gave the stock a buy rating in a report on Monday, August 12th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of €30.20 ($35.12).
TLG stock opened at €27.15 ($31.57) on Tuesday. TLG Immobilien has a twelve month low of €21.14 ($24.58) and a twelve month high of €28.10 ($32.67). The company has a quick ratio of 0.89, a current ratio of 1.49 and a debt-to-equity ratio of 72.91. The stock’s 50 day moving average is €26.72 and its 200-day moving average is €26.50. The firm has a market capitalization of $2.81 billion and a PE ratio of 8.95.
TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, disposal, and renting of office, retail, and hotel properties. It operates seven hotels. The company was founded in 1991 and is headquartered in Berlin, Germany.
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