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Frankfurt: Talanx (ETR:TLX) Rating Improved to Buy by Bankhaus Lampe KG with EUR 32.00 TP

London Talanx ETR:TLX

Talanx (ETR:TLX) Rating Change

In analysts report revealed to clients and investors on 10 February, Bankhaus Lampe KG stated it was upgrading Talanx (ETR:TLX) stock to a Buy. The firm has EUR 32.00 target price per share on TLX’s stock.

In spite of the company’s rating upgrade ETR:TLX is currently trading -3.69% lower at EUR 23.61 as of 15:49 Frankfurt time. Talanx’s stock is down -11.54% in the past 200 days. It has outperformed the S&P 500 Index, which has decreased -12.19% in the same time.

Out of 18 brokers covering Talanx, 13 rate it a Buy, 5 indicate a Hold while 3 suggest a Sell. The highest target is EUR 37.86 and the lowest is EUR 27.84 according to Thomson/First Call. The 12-month mean target is EUR 33.63, which means upside potential of 42.44% over the current price.

ETR:TLX Price Chart & Trend

The stock price of Talanx has dropped 11.54% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Talanx is down 20.93% and down 10.31%, respectively. Our stocks momentum model is shown on the price chart below. Frankfurt: Talanx (ETR:TLX) Rating Improved to Buy by Bankhaus Lampe KG with EUR 32.00 TP

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

TLX Stock Chart

Talanx (ETR:TLX) Profile

Talanx AG (Talanx) is a Germany-based holding company engaged in the insurance and financial services industries. Through its subsidiaries, it provides insurance and reinsurance products and services. Its activities are divided into five segments: Retail Germany, Retail International, Industrial Lines, Non-Life Reinsurance, and Life/Health Insurance.

Talanx (ETR:TLX) traded down -3.69% on 10 February, hitting EUR 23.61. A total of 232,934 shares of the company’s stock traded hands. This is up from average of 180,556 shares. Talanx has a 52 week low of EUR 23.59 and a 52 week high of EUR 31.72. The company has a market cap of 5.97 billion EUR and a P/E ratio of 8.21.

Get the latest Talanx (ETR:TLX) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Frankfurt: Talanx (ETR:TLX) Rating Improved to Buy by Bankhaus Lampe KG with EUR 32.00 TP appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Frankfurt: Talanx (ETR:TLX) Rating Improved to Buy by Bankhaus Lampe KG with EUR 32.00 TP

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