ThyssenKrupp AG (TKA) Given a €26.00 Price Target by Independent Research GmbH Analysts

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.

TRADEMARK VIOLATION WARNING: This article was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.chaffeybreeze.com/2017/07/18/independent-research-gmbh-analysts-give-thyssenkrupp-ag-tka-a-26-00-price-target-updated-updated.html.

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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply