Analysts Set TLG Immobilien AG (TLG) Target Price at $22.58

TLG Immobilien AG (ETR:TLG) has been given a consensus recommendation of “Hold” by the thirteen brokerages that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is €22.45 ($27.72).

TLG has been the subject of several recent analyst reports. Warburg Research set a €24.90 ($30.74) price target on TLG Immobilien and gave the stock a “buy” rating in a research note on Thursday, January 11th. Kepler Capital Markets set a €23.00 ($28.40) price target on TLG Immobilien and gave the stock a “buy” rating in a research note on Monday, December 18th. Commerzbank set a €25.00 ($30.86) price target on TLG Immobilien and gave the stock a “buy” rating in a research note on Friday, March 16th. Bank of America set a €24.50 ($30.25) price target on TLG Immobilien and gave the stock a “buy” rating in a research note on Friday, January 19th. Finally, UBS set a €21.00 ($25.93) price target on TLG Immobilien and gave the stock a “neutral” rating in a research note on Friday.

Shares of TLG stock traded up €0.22 ($0.27) during trading hours on Wednesday, reaching €22.70 ($28.02). The company’s stock had a trading volume of 132,713 shares, compared to its average volume of 144,049. The stock has a market capitalization of $2,280.00 and a PE ratio of 7.07. TLG Immobilien has a 1-year low of €17.40 ($21.48) and a 1-year high of €23.30 ($28.77).

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About TLG Immobilien

TLG Immobilien AG operates as a commercial real estate company in Germany. The company is involved in the letting, management, acquisition, development, and disposal of commercial real estate properties, including office, retail, and hotel properties. It operates seven hotels in Berlin, Dresden, Leipzig, and Rostock.

Analyst Recommendations for TLG Immobilien (ETR:TLG)

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