Commerzbank Ag Reiterates €23.00 Price Target for Takkt Ag (ETR:TTK)

Takkt Ag (ETR:TTK) has been assigned a €23.00 ($26.74) price objective by equities researchers at Commerzbank Ag in a report issued on Friday, November 3rd. The firm presently has a “buy” rating on the stock. Commerzbank Ag’s target price indicates a potential upside of 25.96% from the stock’s current price.

TTK has been the topic of several other research reports. DZ Bank AG reissued a “neutral” rating on shares of Takkt Ag in a report on Friday, October 20th. Hauck & Aufhaeuser set a €23.50 ($27.33) target price on Takkt Ag and gave the company a “buy” rating in a report on Thursday, October 5th. equinet AG set a €21.80 ($25.35) target price on Takkt Ag and gave the company a “buy” rating in a report on Wednesday, August 2nd. Berenberg Bank set a €23.80 ($27.67) price objective on Takkt Ag and gave the stock a “neutral” rating in a report on Wednesday, September 20th. Finally, Warburg Research set a €24.30 ($28.26) price objective on Takkt Ag and gave the stock a “buy” rating in a report on Thursday, October 26th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of €21.75 ($25.29).

Shares of Takkt Ag (ETR:TTK) opened at €18.26 ($21.23) on Friday. Takkt Ag has a 52 week low of €17.50 ($20.35) and a 52 week high of €23.31 ($27.10).

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About Takkt Ag

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for plant, warehouse and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.

Analyst Recommendations for Takkt Ag (ETR:TTK)

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