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

Royal Bank Of Canada set a €29.00 ($34.52) price target on ThyssenKrupp AG (FRA:TKA) in a report published on Wednesday. The firm currently has a buy rating on the basic materials company’s stock.

A number of other research firms have also commented on TKA. Macquarie set a €30.00 ($35.71) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Friday, May 26th. Deutsche Bank AG reiterated a buy rating and set a target price on shares of ThyssenKrupp AG in a research report on Wednesday, May 24th. S&P Global set a €20.00 ($23.81) target price on shares of ThyssenKrupp AG and gave the stock a sell rating in a research report on Saturday, May 20th. Baader Bank set a €25.00 ($29.76) target price on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research report on Saturday, May 20th. Finally, Berenberg Bank set a €28.50 ($33.93) target price on shares of ThyssenKrupp AG and gave the stock a buy rating in a research report on Saturday, May 20th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €26.74 ($31.84).

Shares of ThyssenKrupp AG (FRA TKA) opened at 25.933 on Wednesday. The firm’s market cap is €14.68 billion. The firm has a 50 day moving average of €25.56 and a 200 day moving average of €24.10. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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