TAG Immobilien (ETR:TEG) Reaches New 12-Month Low at $20.34

Shares of TAG Immobilien AG (ETR:TEG) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as €20.34 ($23.65) and last traded at €20.46 ($23.79), with a volume of 436373 shares traded. The stock had previously closed at €20.54 ($23.88).

A number of research analysts have issued reports on the company. Nord/LB set a €20.12 ($23.40) price target on TAG Immobilien and gave the stock a “neutral” rating in a research report on Tuesday, March 19th. HSBC set a €24.50 ($28.49) price target on TAG Immobilien and gave the stock a “buy” rating in a research report on Thursday, March 7th. Oddo Bhf set a €18.50 ($21.51) price target on TAG Immobilien and gave the stock a “neutral” rating in a research report on Thursday, March 7th. Kepler Capital Markets set a €22.75 ($26.45) price target on TAG Immobilien and gave the stock a “buy” rating in a research report on Wednesday, April 24th. Finally, Jefferies Financial Group set a €19.00 ($22.09) price target on TAG Immobilien and gave the stock a “neutral” rating in a research report on Monday, June 17th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of €21.60 ($25.11).

The company has a debt-to-equity ratio of 114.15, a quick ratio of 0.44 and a current ratio of 1.02. The stock has a market cap of $2.99 billion and a price-to-earnings ratio of 6.53. The firm’s fifty day simple moving average is €20.67.

TAG Immobilien Company Profile (ETR:TEG)

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also operates commercial real estate properties. As of December 31, 2018, the company managed approximately 84,400 residential units. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

Featured Story: Cost of Equity For A Business, Investors

Receive News & Ratings for TAG Immobilien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAG Immobilien and related companies with MarketBeat.com's FREE daily email newsletter.