ThyssenKrupp AG (TKA) Given a €29.00 Price Target by Royal Bank Of Canada Analysts

ThyssenKrupp AG (FRA:TKA) received a €29.00 ($34.12) target price from equities research analysts at Royal Bank Of Canada in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the basic materials company’s stock.

Other analysts also recently issued research reports about the stock. Commerzbank Ag set a €29.00 ($34.12) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, May 12th. Societe Generale set a €26.70 ($31.41) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, May 11th. HSBC Holdings plc set a €25.00 ($29.41) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, May 11th. Deutsche Bank AG set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Monday, May 8th. Finally, Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, May 5th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of €26.52 ($31.20).

Shares of ThyssenKrupp AG (FRA:TKA) opened at 26.283 on Tuesday. The company’s market cap is €14.87 billion. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01. The company’s 50 day moving average is €25.84 and its 200 day moving average is €23.79.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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