Warburg Research set a €46.60 ($54.19) price objective on Talanx (ETR:TLX) in a report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities research analysts also recently commented on TLX. Oddo Bhf set a €43.00 ($50.00) target price on Talanx and gave the stock a neutral rating in a report on Tuesday, November 12th. DZ Bank reiterated a buy rating on shares of Talanx in a research report on Thursday, November 21st. HSBC set a €46.00 ($53.49) price target on shares of Talanx and gave the stock a neutral rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. set a €50.00 ($58.14) price target on shares of Talanx and gave the stock a buy rating in a research report on Monday, January 6th. Finally, Nord/LB set a €48.00 ($55.81) price objective on shares of Talanx and gave the company a buy rating in a research note on Tuesday, November 19th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Talanx currently has a consensus rating of Buy and an average target price of €45.43 ($52.83).
Shares of TLX stock opened at €47.50 ($55.23) on Tuesday. The stock’s 50-day simple moving average is €45.45 and its 200-day simple moving average is €41.88. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.80 and a current ratio of 1.34. The firm has a market capitalization of $12.01 billion and a PE ratio of 12.57. Talanx has a fifty-two week low of €32.32 ($37.58) and a fifty-two week high of €46.42 ($53.98).
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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