Is TLG Immobilien (ETR:TLG) Worth Your Time and Dime Following a Bankhaus Lampe KG Upgrade?

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TLG Immobilien (ETR:TLG) Stock Upgrade

Bankhaus Lampe KG upgraded shares of TLG Immobilien (ETR:TLG) to a solid “Buy” rating in a recent research report distributed on Friday morning. Analysts currently have a EUR 21.00 TP set on the stock. This TP indicates a possible upside of 24.04% from the last stock close price of the stock.

From a total of 2 analysts covering TLG Immobilien (ETR:TLG) stock, 1 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is €21 while the lowest target price is €17.80. The mean of all analyst targets is €19.40 with a 14.18% above today’s (€16.99) stock price. TLG Immobilien was the topic of 6 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc. Bankhaus Lampe upgraded shares on November 16 to “Buy” rating.

The stock decreased 1.96% or EUR 0.34 on December 3, striking EUR 16.99. Approximately 58,284 shares of stock traded hands. TLG Immobilien AG (ETR:TLG) has declined 11.11% since May 7, 2015 and is downtrending. It has underperformed by 10.82% the S&P500.

 Is TLG Immobilien (ETR:TLG) Worth Your Time and Dime Following a Bankhaus Lampe KG Upgrade?

TLG Immobilien AG, formerly TLG Immobilien GmbH, is a Germany firm engaged in the financial industry. The company has a market cap of 1.15 billion EUR. The Firm acquires, develops and markets real estate properties in the domestic market. It has 8.65 P/E ratio. It constructs, modernizes, renovates, buys, sells and rents various types of office and retail properties.

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