Hauck & Aufhaeuser set a €24.50 ($28.49) price objective on TAG Immobilien (ETR:TEG) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms also recently issued reports on TEG. Oddo Bhf set a €20.00 ($23.26) price objective on shares of TAG Immobilien and gave the stock a neutral rating in a report on Friday, August 9th. Deutsche Bank set a €22.00 ($25.58) target price on shares of TAG Immobilien and gave the company a neutral rating in a report on Friday, November 22nd. Barclays set a €23.00 ($26.74) target price on shares of TAG Immobilien and gave the company a buy rating in a report on Monday, September 9th. Baader Bank set a €22.00 ($25.58) price target on shares of TAG Immobilien and gave the company a neutral rating in a research report on Monday, November 11th. Finally, HSBC set a €25.00 ($29.07) price target on shares of TAG Immobilien and gave the stock a buy rating in a report on Friday, November 1st. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. TAG Immobilien has a consensus rating of Buy and a consensus price target of €22.51 ($26.17).
ETR TEG opened at €21.96 ($25.53) on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.94 and a debt-to-equity ratio of 114.99. The business has a fifty day simple moving average of €21.82 and a 200 day simple moving average of €21.12. TAG Immobilien has a 12 month low of €19.62 ($22.81) and a 12 month high of €22.48 ($26.14). The firm has a market capitalization of $3.21 billion and a P/E ratio of 7.00.
About TAG Immobilien
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.
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