Analysts Set TAG Immobilien AG (ETR:TEG) Price Target at €21.79

Shares of TAG Immobilien AG (ETR:TEG) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is €21.79 ($25.34).

A number of brokerages have recently weighed in on TEG. HSBC set a €24.50 ($28.49) price target on TAG Immobilien and gave the company a “buy” rating in a research report on Monday, July 15th. Hauck & Aufhaeuser set a €23.50 ($27.33) price target on TAG Immobilien and gave the company a “buy” rating in a research report on Friday, June 7th. Jefferies Financial Group set a €19.00 ($22.09) price target on TAG Immobilien and gave the company a “neutral” rating in a research report on Thursday, August 8th. Kepler Capital Markets set a €22.75 ($26.45) price target on TAG Immobilien and gave the company a “buy” rating in a research report on Wednesday, April 24th. Finally, Oddo Bhf set a €20.00 ($23.26) price target on TAG Immobilien and gave the company a “neutral” rating in a research report on Friday, August 9th.

Shares of TEG stock opened at €20.80 ($24.19) on Monday. TAG Immobilien has a fifty-two week low of €19.33 ($22.48) and a fifty-two week high of €22.48 ($26.14). The stock has a market capitalization of $3.04 billion and a PE ratio of 6.58. The firm has a fifty day moving average price of €21.03. The company has a current ratio of 1.09, a quick ratio of 0.60 and a debt-to-equity ratio of 115.87.

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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Analyst Recommendations for TAG Immobilien (ETR:TEG)

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