Several other equities research analysts have also weighed in on the company. JPMorgan Chase & Co. set a €39.80 ($47.38) price objective on Talanx and gave the stock a buy rating in a research note on Friday, January 5th. Deutsche Bank reissued a neutral rating on shares of Talanx in a research note on Monday, November 6th. Warburg Research set a €37.30 ($44.40) price objective on Talanx and gave the stock a neutral rating in a research note on Monday, October 30th. Commerzbank set a €32.00 ($38.10) price objective on Talanx and gave the stock a neutral rating in a research note on Friday, October 27th. Finally, Nord/LB set a €34.00 ($40.48) price objective on Talanx and gave the stock a neutral rating in a research note on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €36.40 ($43.33).
Talanx (TLX) remained flat at $€35.56 ($42.33) on Wednesday. The company’s stock had a trading volume of 29,150 shares, compared to its average volume of 128,309. The firm has a market capitalization of $9,000.00 and a P/E ratio of 12.57. Talanx has a 12 month low of €30.66 ($36.50) and a 12 month high of €36.32 ($43.24).
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.
Receive News & Ratings for Talanx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talanx and related companies with MarketBeat.com's FREE daily email newsletter.