TAG Immobilien (TEG) PT Set at €23.60 by Barclays

TAG Immobilien (ETR:TEG) received a €23.60 ($27.44) target price from Barclays in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Barclays‘s price objective points to a potential upside of 12.49% from the company’s current price.

TEG has been the topic of several other research reports. Berenberg Bank set a €23.50 ($27.33) price objective on TAG Immobilien and gave the company a “buy” rating in a report on Wednesday, January 2nd. Jefferies Financial Group set a €17.00 ($19.77) price objective on TAG Immobilien and gave the company a “neutral” rating in a report on Friday, November 9th. Nord/LB set a €20.12 ($23.40) price objective on TAG Immobilien and gave the company a “neutral” rating in a report on Friday, November 2nd. Hauck & Aufhaeuser set a €23.50 ($27.33) price objective on TAG Immobilien and gave the company a “buy” rating in a report on Thursday, November 1st. Finally, Oddo Bhf set a €18.50 ($21.51) price objective on TAG Immobilien and gave the company a “neutral” rating in a report on Thursday, November 1st. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. TAG Immobilien currently has a consensus rating of “Hold” and an average price target of €20.86 ($24.25).

Shares of TEG opened at €20.98 ($24.40) on Wednesday. TAG Immobilien has a 1 year low of €12.41 ($14.43) and a 1 year high of €16.70 ($19.42).

TAG Immobilien Company Profile

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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