Takkt (ETR:TTK) received a €20.00 ($23.26) price target from stock analysts at Warburg Research in a report issued on Monday. The firm currently has a “buy” rating on the stock. Warburg Research’s price target would indicate a potential upside of 41.64% from the company’s previous close.
Several other equities research analysts have also issued reports on the stock. Berenberg Bank set a €20.00 ($23.26) price target on shares of Takkt and gave the stock a “buy” rating in a research note on Friday, January 25th. Kepler Capital Markets set a €19.50 ($22.67) price target on shares of Takkt and gave the stock a “neutral” rating in a research note on Thursday, January 10th. DZ Bank restated a “neutral” rating on shares of Takkt in a research note on Tuesday, October 30th. equinet set a €20.00 ($23.26) price target on shares of Takkt and gave the stock a “buy” rating in a research note on Friday, October 26th. Finally, Commerzbank set a €16.60 ($19.30) price objective on shares of Takkt and gave the company a “buy” rating in a research note on Tuesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Takkt presently has a consensus rating of “Buy” and a consensus price target of €18.85 ($21.92).
Shares of TTK stock opened at €14.12 ($16.42) on Monday. Takkt has a 12-month low of €17.30 ($20.12) and a 12-month high of €23.10 ($26.86).
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 transport, 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.
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