JPMorgan Chase & Co. Analysts Give Talanx (ETR:TLX) a €41.00 Price Target

JPMorgan Chase & Co. set a €41.00 ($47.67) price objective on Talanx (ETR:TLX) in a report issued on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research firms also recently commented on TLX. DZ Bank restated a buy rating on shares of Talanx in a research note on Monday, March 16th. Warburg Research set a €46.60 ($54.19) price target on shares of Talanx and gave the stock a neutral rating in a research note on Tuesday, February 11th. Finally, HSBC set a €46.00 ($53.49) target price on shares of Talanx and gave the stock a neutral rating in a research note on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of €42.60 ($49.53).

ETR:TLX opened at €31.58 ($36.72) on Tuesday. The company has a fifty day simple moving average of €39.23 and a two-hundred day simple moving average of €41.83. The company has a market cap of $7.98 billion and a price-to-earnings ratio of 8.35. The company has a quick ratio of 0.80, a current ratio of 1.34 and a debt-to-equity ratio of 29.91. Talanx has a 52 week low of €30.42 ($35.37) and a 52 week high of €48.38 ($56.26).

About Talanx

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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Analyst Recommendations for Talanx (ETR:TLX)

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