JPMorgan Chase & Co. set a €39.50 ($45.93) price objective on Talanx (ETR:TLX) in a research note released on Tuesday. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on TLX. Nord/LB set a €35.00 ($40.70) price objective on Talanx and gave the stock a buy rating in a research report on Thursday, November 22nd. Credit Suisse Group set a €40.00 ($46.51) target price on Talanx and gave the company a buy rating in a research note on Monday, November 26th. DZ Bank restated a neutral rating on shares of Talanx in a research note on Tuesday, October 16th. Societe Generale set a €38.00 ($44.19) target price on Talanx and gave the company a buy rating in a research note on Monday, November 12th. Finally, Commerzbank set a €37.00 ($43.02) target price on Talanx and gave the company a buy rating in a research note on Monday, November 12th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of €36.38 ($42.31).
TLX opened at €31.76 ($36.93) on Tuesday. Talanx has a 1 year low of €30.66 ($35.65) and a 1 year high of €37.32 ($43.40).
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.
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