Warburg Research Analysts Give Takkt Ag (ETR:TTK) a €24.30 Price Target

Warburg Research set a €24.30 ($28.59) target price on Takkt Ag (ETR:TTK) in a report released on Wednesday, July 19th. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on the stock. Berenberg Bank set a €23.80 ($28.00) price objective on shares of Takkt Ag and gave the company a neutral rating in a research report on Tuesday, May 30th. Hauck & Aufhaeuser set a €25.00 ($29.41) price target on shares of Takkt Ag and gave the stock a buy rating in a research report on Saturday, May 20th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of Buy and an average target price of €23.48 ($27.62).

Takkt Ag (ETR TTK) traded down 0.45% during trading on Wednesday, reaching €20.09. The company had a trading volume of 100 shares. The stock has a market cap of €1.32 billion and a PE ratio of 16.32. The company has a 50-day moving average price of €20.96 and a 200 day moving average price of €21.24. Takkt Ag has a 52-week low of €18.90 and a 52-week high of €23.23.

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About Takkt Ag

Takkt AG is a Germany-based management holding company of a group of business-to-business (B2B) mail-order companies for business equipment solutions in over 25 countries located in Europe and North America. The Company operates through two divisions: TAKKT EUROPE and TAKKT AMERICA. TAKKT EUROPE comprises the three sub-groups Business Equipment Group (BEG) as well as Office Equipment Group (OEG) and Packaging Solutions Group (PSG).

Analyst Recommendations for Takkt Ag (ETR:TTK)

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