Takkt (TTK) Rating Reiterated by DZ Bank
A number of other brokerages have also issued reports on TTK. equinet set a €18.70 ($23.09) price target on Takkt and gave the stock a neutral rating in a research note on Friday, October 27th. Hauck & Aufhaeuser set a €25.00 ($30.86) price objective on Takkt and gave the company a buy rating in a research report on Wednesday, January 31st. Warburg Research set a €24.30 ($30.00) price objective on Takkt and gave the company a buy rating in a research report on Thursday, October 26th. Kepler Capital Markets set a €19.00 ($23.46) price objective on Takkt and gave the company a neutral rating in a research report on Wednesday, January 31st. Finally, Berenberg Bank set a €23.50 ($29.01) price objective on Takkt and gave the company a neutral rating in a research report on Friday, February 16th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Takkt presently has an average rating of Hold and an average price target of €23.43 ($28.93).
Takkt (ETR:TTK) traded up €0.20 ($0.25) on Friday, reaching €22.95 ($28.33). 110,442 shares of the company’s stock were exchanged, compared to its average volume of 70,602. Takkt has a 12-month low of €17.30 ($21.36) and a 12-month high of €23.35 ($28.83). The firm has a market cap of $1,510.00 and a price-to-earnings ratio of 19.29.
TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The company offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for plant, warehouse and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters, bread baskets, and table decorations, as well as plates and cutlery for the food service and retail industries.
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