Commerzbank Analysts Give Takkt (TTK) a €17.60 Price Target

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Takkt (ETR:TTK) has been assigned a €17.60 ($20.71) target price by analysts at Commerzbank in a research report issued to clients and investors on Wednesday. The firm presently has a “neutral” rating on the stock. Commerzbank’s price objective would indicate a potential upside of 8.91% from the company’s current price.

TTK has been the topic of several other reports. equinet set a €18.50 ($21.76) price objective on Takkt and gave the company a “neutral” rating in a research report on Friday, April 27th. Berenberg Bank set a €23.50 ($27.65) price objective on Takkt and gave the company a “neutral” rating in a research report on Wednesday, May 23rd. Warburg Research set a €24.30 ($28.59) price objective on Takkt and gave the company a “buy” rating in a research report on Thursday, April 26th. DZ Bank restated a “neutral” rating on shares of Takkt in a research report on Monday. Finally, Kepler Capital Markets set a €19.50 ($22.94) price target on Takkt and gave the stock a “neutral” rating in a research report on Friday, April 13th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €19.90 ($23.41).

Shares of Takkt stock opened at €16.16 ($19.01) on Wednesday. Takkt has a 12 month low of €17.30 ($20.35) and a 12 month high of €23.10 ($27.18).

About Takkt

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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Analyst Recommendations for Takkt (ETR:TTK)

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