TAG Immobilien AG (ETR:TEG) Receives €26.81 Consensus Target Price from Analysts

TAG Immobilien AG (ETR:TEGGet Rating) has received a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is €26.81 ($29.14).

Several equities research analysts have commented on TEG shares. Berenberg Bank set a €30.00 ($32.61) target price on TAG Immobilien in a research note on Tuesday, March 15th. Deutsche Bank Aktiengesellschaft set a €24.00 ($26.09) target price on TAG Immobilien in a research note on Tuesday, January 25th. Barclays set a €24.00 ($26.09) price objective on TAG Immobilien in a research note on Wednesday, March 30th. Warburg Research set a €32.50 ($35.33) price objective on TAG Immobilien in a research note on Tuesday, March 15th. Finally, Baader Bank set a €22.00 ($23.91) price objective on TAG Immobilien in a research note on Tuesday, March 15th.

TAG Immobilien stock opened at €20.14 ($21.89) on Wednesday. The company has a current ratio of 1.42, a quick ratio of 0.53 and a debt-to-equity ratio of 98.86. The business has a 50-day moving average of €21.71 and a 200-day moving average of €23.87. TAG Immobilien has a 1 year low of €20.26 ($22.02) and a 1 year high of €29.37 ($31.92). The firm has a market capitalization of $934.08 million and a P/E ratio of 5.66.

About TAG Immobilien (Get Rating)

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. The company also rents commercial real estate properties, as well as operates serviced apartments. As of December 31, 2021, it managed approximately 87,600 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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