TAG Immobilien (ETR:TEG) has been assigned a €17.30 ($21.36) price target by analysts at Berenberg Bank in a research report issued to clients and investors on Monday, February 26th. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 9.08% from the company’s previous close.
Other equities analysts have also recently issued reports about the stock. Commerzbank set a €17.50 ($21.60) price target on shares of TAG Immobilien and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. Barclays set a €17.10 ($21.11) price objective on TAG Immobilien and gave the company a “buy” rating in a report on Monday, December 11th. Nord/LB set a €16.60 ($20.49) price target on TAG Immobilien and gave the company a “buy” rating in a report on Thursday, February 22nd. Jefferies Group set a €15.00 ($18.52) price objective on TAG Immobilien and gave the stock a “neutral” rating in a research report on Thursday, February 22nd. Finally, Cfra set a €16.00 ($19.75) price target on TAG Immobilien and gave the stock a “neutral” rating in a research report on Friday, February 23rd. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. TAG Immobilien presently has an average rating of “Buy” and a consensus target price of €17.00 ($20.99).
TAG Immobilien (ETR TEG) traded up €0.04 ($0.05) during trading on Monday, reaching €15.86 ($19.58). 378,028 shares of the company’s stock were exchanged, compared to its average volume of 427,006. The firm has a market cap of $2,320.00 and a P/E ratio of 18.44. TAG Immobilien has a 52 week low of €12.38 ($15.28) and a 52 week high of €16.70 ($20.62).
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TAG Immobilien Company Profile
TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany. The company acquires, rents, and manages residential properties in the regions, such as Berlin, Dresden, Chemnitz, Erfurt, Gera, Hamburg, Leipzig, Rhine-Ruhr, Rostock, and Salzgitter. It also operates commercial real estate properties and boarding houses.
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