Warburg Research set a €11.80 ($13.26) price target on Takkt (ETR:TTK) in a report released on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also weighed in on the stock. Berenberg Bank set a €11.00 ($12.36) price objective on shares of Takkt and gave the stock a buy rating in a research note on Monday, May 4th. Kepler Capital Markets set a €11.00 ($12.36) price target on shares of Takkt and gave the company a buy rating in a research report on Thursday, April 30th. Finally, DZ Bank reissued a buy rating on shares of Takkt in a research report on Monday, May 4th. Five analysts have rated the stock with a buy rating, Takkt has a consensus rating of Buy and a consensus price target of €12.33 ($13.85).
ETR:TTK opened at €10.44 ($11.73) on Thursday. Takkt has a 1-year low of €5.73 ($6.44) and a 1-year high of €13.02 ($14.63). The company has a 50-day moving average of €9.13 and a 200 day moving average of €9.47. The firm has a market cap of $684.97 million and a PE ratio of 10.65. The company has a debt-to-equity ratio of 28.56, a current ratio of 1.32 and a quick ratio of 0.68.
TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. It 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 and food baskets, as well as kitchen stoves and freezers.
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