Takkt (ETR:TTK) PT Set at €12.00 by Hauck Aufhäuser In…

Takkt (ETR:TTKGet Rating) received a €12.00 ($12.24) target price from equities research analysts at Hauck Aufhäuser In… in a research note issued on Friday, Borsen Zeitung reports. Hauck Aufhäuser In…’s target price points to a potential downside of 9.91% from the company’s previous close.

A number of other research firms also recently weighed in on TTK. Warburg Research set a €19.20 ($19.59) price target on Takkt in a research note on Thursday, April 28th. Berenberg Bank set a €19.00 ($19.39) price target on Takkt in a research note on Friday, April 29th.

Takkt Stock Performance

TTK stock opened at €13.32 ($13.59) on Friday. The business’s fifty day moving average is €15.22 and its 200-day moving average is €15.30. The company has a quick ratio of 0.79, a current ratio of 1.58 and a debt-to-equity ratio of 13.68. The company has a market cap of $873.93 million and a P/E ratio of 14.02. Takkt has a twelve month low of €13.54 ($13.82) and a twelve month high of €16.78 ($17.12).

Takkt Company Profile

(Get Rating)

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks, universal cabinets, and swivel chairs, as well as special-purpose products, such as environmental cabinets and containers for hazardous materials under the KAISER+KRAFT brand; and office and business equipment to smaller corporate customers under the Certeo and Büromöbelonline brands.

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