Societe Generale set a €41.00 ($50.62) price objective on Talanx (ETR:TLX) in a report published on Monday, March 26th. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on the company. DZ Bank restated a neutral rating on shares of Talanx in a research report on Monday, March 19th. JPMorgan Chase set a €39.80 ($49.14) price target on Talanx and gave the company a buy rating in a research report on Monday, March 19th. Nord/LB set a €39.00 ($48.15) price target on Talanx and gave the company a buy rating in a research report on Friday, March 16th. Warburg Research set a €37.30 ($46.05) price target on Talanx and gave the company a neutral rating in a research report on Tuesday, January 23rd. Finally, Commerzbank restated a neutral rating and issued a price target on shares of Talanx in a research report on Monday, January 22nd. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €37.86 ($46.74).
Shares of TLX stock traded up €0.40 ($0.49) during trading hours on Monday, reaching €36.90 ($45.56). The company had a trading volume of 212,461 shares, compared to its average volume of 138,773. Talanx has a 12-month low of €30.66 ($37.85) and a 12-month high of €37.32 ($46.07).
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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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