ThyssenKrupp AG (FRA:TKA) received a €26.00 ($29.89) price target from research analysts at Independent Research GmbH in a research note issued on Friday, June 23rd. The firm currently has a “neutral” rating on the basic materials company’s stock.
A number of other equities research analysts have also weighed in on the company. Barclays PLC set a €21.00 ($24.14) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Tuesday, April 18th. Jefferies Group LLC set a €30.00 ($34.48) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday, April 12th. Deutsche Bank AG reaffirmed a “buy” rating and set a target price on shares of ThyssenKrupp AG in a report on Wednesday, May 24th. Commerzbank Ag set a €29.00 ($33.33) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, March 3rd. Finally, Royal Bank Of Canada set a €27.00 ($31.03) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday, April 12th. Five analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €25.27 ($29.05).
ThyssenKrupp AG (TKA) opened at 26.702 on Friday. The firm’s market capitalization is €15.11 billion. The firm has a 50-day moving average price of €23.69 and a 200 day moving average price of €23.17. ThyssenKrupp AG has a 52-week low of €16.61 and a 52-week high of €26.82.
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ThyssenKrupp AG Company Profile
ThyssenKrupp AG is a Germany-based technology holding company operating through eight business segments. Steel Europe segment, which produces carbon steel flat products. Steel Americas, engaged in production, processing and marketing of high-grade carbon steels. Stainless Global segment is engaged in production of stainless steel products and materials.
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