Takkt Ag (TTK) Receives €22.52 Average Target Price from Brokerages

Takkt Ag (ETR:TTK) has been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is €22.10 ($27.28).

TTK has been the topic of several research analyst reports. Hauck & Aufhaeuser set a €25.00 ($30.86) price objective on shares of Takkt and gave the stock a “buy” rating in a research report on Wednesday, January 31st. DZ Bank restated a “neutral” rating on shares of Takkt in a research report on Friday, February 16th. Kepler Capital Markets set a €19.00 ($23.46) price objective on shares of Takkt and gave the stock a “neutral” rating in a research report on Wednesday, March 21st. Berenberg Bank set a €23.50 ($29.01) price objective on shares of Takkt and gave the stock a “neutral” rating in a research report on Friday, February 16th. Finally, Warburg Research set a €24.80 ($30.62) price objective on shares of Takkt and gave the stock a “buy” rating in a research report on Friday, February 16th.

Shares of TTK stock traded down €0.10 ($0.12) during trading on Monday, hitting €18.72 ($23.11). The company had a trading volume of 22,548 shares, compared to its average volume of 67,952. Takkt has a 52 week low of €17.30 ($21.36) and a 52 week high of €23.10 ($28.52).

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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 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.

Analyst Recommendations for Takkt (ETR:TTK)

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