TAG Immobilien (TEG) Given a €22.00 Price Target at Berenberg Bank

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Berenberg Bank set a €22.00 ($25.58) target price on TAG Immobilien (ETR:TEG) in a research note issued to investors on Tuesday morning. The brokerage currently has a buy rating on the stock.

A number of other analysts have also issued reports on TEG. Warburg Research set a €21.00 ($24.42) target price on TAG Immobilien and gave the company a neutral rating in a report on Friday, August 31st. Nord/LB set a €17.50 ($20.35) target price on TAG Immobilien and gave the company a neutral rating in a report on Tuesday, June 26th. Commerzbank set a €20.50 ($23.84) target price on TAG Immobilien and gave the company a neutral rating in a report on Tuesday, October 9th. Kepler Capital Markets set a €21.50 ($25.00) price objective on TAG Immobilien and gave the stock a buy rating in a report on Thursday, August 9th. Finally, Hauck & Aufhaeuser set a €23.00 ($26.74) price objective on TAG Immobilien and gave the stock a buy rating in a report on Thursday, September 6th. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of €19.74 ($22.96).

TEG opened at €20.26 ($23.56) on Tuesday. TAG Immobilien has a 12-month low of €12.41 ($14.43) and a 12-month high of €16.70 ($19.42).

About TAG Immobilien

TAG Immobilien AG acquires, develops, and manages residential real estate properties in Germany.. It also operates commercial real estate properties and boarding houses. As of December 31, 2017, the company managed approximately 83,000 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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