November 25, 2016 - By Winifred Garcia
In a analysts note issued on 25 November, Bankhaus Lampe KG stated it was upgrading TAG Immobilien (ETR:TEG) stock to a Buy. The firm has EUR 13.50 target on TEG’s stock.
Out of 15 analysts covering TAG Immobilien (ETR:TEG), 5 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 33% are positive. €15 is the highest target while €7.70 is the lowest. The €12.26 average target is 4.16% above today’s (€11.77) stock price. TAG Immobilien has been the topic of 64 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Bankhaus Lampe on Wednesday, January 27. As per Wednesday, September 21, the company rating was upgraded by Berenberg. Baader Wertpapierhandelsbank maintained it with “Hold” rating and €12.40 target price in Thursday, May 26 report. The rating was maintained by Landesbank with “Hold” on Thursday, August 6. The company was upgraded on Friday, October 9 by Oddo & Cie. The stock of TAG Immobilien AG (ETR:TEG) has “Buy” rating given on Friday, November 11 by S&P Research. The stock has “Buy” rating given by Bankhaus Lampe on Thursday, June 30. The stock has “Sell” rating given by Barclays Capital on Saturday, November 5. Bankhaus Lampe upgraded TAG Immobilien AG (ETR:TEG) on Tuesday, March 22 to “Buy” rating. On Saturday, November 12 the stock rating was maintained by Baader Wertpapierhandelsbank with “Hold”.
About 36,237 shares traded hands. TAG Immobilien AG (ETR:TEG) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
TAG Immobilien AG is a Germany-based property firm and serves as a holding firm for the TAG Group, engaging all property-related activities through its subsidiaries. The company has a market cap of 1.73 billion EUR. The Firm diversifies its activities into three main business divisions: Residential real estate, Commercial real estate and Other Activities. It has a 8.13 P/E ratio. The Residential real estate business segment encompasses the Company’s activities in the residential real estate sector aiming and is focused on acquisitions and cost optimizing through portfolio management, among others.
More news for TAG Immobilien AG (ETR:TEG) were recently published by: Bloomberg.com, which released: “Blackstone German Housing Sale Signals Peak: Real Estate” on March 19, 2013. Bloomberg.com‘s article titled: “Goldman’s LEG IPO Flat as Property Value Gains Questioned” and published on February 01, 2013 is yet another important article.
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