Commerzbank Analysts Give Takkt (ETR:TTK) a €16.60 Price Target

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Commerzbank set a €16.60 ($19.30) target price on Takkt (ETR:TTK) in a research report released on Tuesday, October 23rd. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on the company. Warburg Research set a €24.30 ($28.26) target price on Takkt and gave the stock a buy rating in a research note on Thursday, July 26th. Hauck & Aufhaeuser set a €17.00 ($19.77) target price on Takkt and gave the stock a neutral rating in a research note on Friday, June 29th. DZ Bank reiterated a neutral rating on shares of Takkt in a research note on Monday, July 16th. Berenberg Bank set a €22.50 ($26.16) target price on Takkt and gave the stock a buy rating in a research note on Friday, July 27th. Finally, Kepler Capital Markets set a €19.50 ($22.67) target price on Takkt and gave the stock a neutral rating in a research note on Thursday, July 26th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of €19.53 ($22.71).

TTK traded up €0.24 ($0.28) during mid-day trading on Tuesday, reaching €15.34 ($17.84). 79,780 shares of the stock were exchanged, compared to its average volume of 67,952. Takkt has a 1 year low of €17.30 ($20.12) and a 1 year high of €23.10 ($26.86).

Takkt Company Profile

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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