Berenberg Bank Analysts Give Talanx (ETR:TLX) a €50.00 Price Target

Berenberg Bank set a €50.00 ($53.76) price target on Talanx (ETR:TLX – Get Rating) in a research report report published on Thursday, Borsen Zeitung reports.

Separately, Deutsche Bank Aktiengesellschaft set a €48.00 ($51.61) target price on Talanx in a research report on Tuesday, January 10th.

Talanx Stock Performance

Shares of TLX stock opened at €40.32 ($43.35) on Thursday. The business has a fifty day moving average of €44.70 and a 200 day moving average of €41.42. The firm has a market capitalization of $10.22 billion, a price-to-earnings ratio of 9.65, a price-to-earnings-growth ratio of 0.63 and a beta of 0.96. Talanx has a 1 year low of €34.14 ($36.71) and a 1 year high of €46.62 ($50.13). The company has a debt-to-equity ratio of 49.01, a current ratio of 1.30 and a quick ratio of 0.84.

About Talanx

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Talanx AG 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.