TAG Immobilien (ETR:TEG) Given a €30.00 Price Target at Berenberg Bank

Berenberg Bank set a €30.00 ($31.58) price objective on TAG Immobilien (ETR:TEGGet Rating) in a research report report published on Tuesday, Borsen Zeitung reports.

A number of other research firms have also recently issued reports on TEG. Warburg Research set a €28.40 ($29.89) price objective on TAG Immobilien in a research report on Monday. Baader Bank set a €22.00 ($23.16) price objective on TAG Immobilien in a research report on Tuesday, March 15th. Barclays set a €24.00 ($25.26) price objective on TAG Immobilien in a research report on Wednesday, March 30th. Finally, Deutsche Bank Aktiengesellschaft set a €24.00 ($25.26) price objective on TAG Immobilien in a research report on Tuesday, January 25th.

TEG opened at €18.03 ($18.98) on Tuesday. The stock has a market cap of $2.64 billion and a price-to-earnings ratio of 4.99. TAG Immobilien has a 1 year low of €18.55 ($19.53) and a 1 year high of €29.37 ($30.92). 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 stock has a fifty day moving average price of €20.61 and a 200 day moving average price of €23.09.

TAG Immobilien Company Profile (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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