ThyssenKrupp AG (FRA:TKA) has been given a €30.00 ($34.09) price objective by equities research analysts at Deutsche Bank AG in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the basic materials company’s stock.
TKA has been the subject of several other reports. Barclays PLC set a €21.00 ($23.86) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Independent Research GmbH set a €26.00 ($29.55) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Friday, June 23rd. Berenberg Bank set a €28.50 ($32.39) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, May 5th. S&P Global set a €20.00 ($22.73) price target on ThyssenKrupp AG and gave the stock a “sell” rating in a research note on Saturday, May 20th. Finally, Macquarie set a €30.00 ($34.09) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, May 26th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €25.53 ($29.02).
ThyssenKrupp AG (FRA:TKA) opened at 26.25 on Thursday. The company’s 50-day moving average price is €23.69 and its 200-day moving average price is €23.17. The stock’s market capitalization is €14.86 billion. ThyssenKrupp AG has a one year low of €16.61 and a one year high of €26.30.
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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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