ThyssenKrupp AG (FRA:TKA) received a €29.00 ($33.33) price target from equities researchers at Commerzbank Ag in a research report issued on Friday. The brokerage presently has a “buy” rating on the basic materials company’s stock.
Other analysts have also recently issued reports about the stock. Jefferies Group LLC set a €30.00 ($34.48) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, April 12th. Royal Bank Of Canada set a €27.00 ($31.03) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Wednesday, April 12th. Credit Suisse Group set a €30.00 ($34.48) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Tuesday, April 11th. Berenberg Bank set a €28.50 ($32.76) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, May 5th. Finally, Macquarie set a €30.00 ($34.48) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Tuesday, May 2nd. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the stock. ThyssenKrupp AG has an average rating of “Hold” and a consensus price target of €25.27 ($29.05).
ThyssenKrupp AG (TKA) opened at 26.57 on Friday. The company’s market capitalization is €15.04 billion. ThyssenKrupp AG has a 52 week low of €16.61 and a 52 week high of €26.59. The stock’s 50 day moving average price is €23.69 and its 200-day moving average price is €23.17.
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About ThyssenKrupp AG
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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