ThyssenKrupp AG (TKA) Given a €28.00 Price Target by J P Morgan Chase & Co Analysts

ThyssenKrupp AG (FRA:TKA) has been given a €28.00 ($33.33) price target by equities researchers at J P Morgan Chase & Co in a note issued to investors on Thursday. The firm presently has a “neutral” rating on the basic materials company’s stock.

TKA has been the topic of a number of other research reports. UBS AG set a €18.00 ($21.43) price objective on ThyssenKrupp AG and gave the company a “sell” rating in a research report on Monday, May 29th. Independent Research GmbH set a €26.00 ($30.95) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Friday, June 23rd. Deutsche Bank AG set a €30.00 ($35.71) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday. Macquarie set a €30.00 ($35.71) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, May 26th. Finally, Nord/LB set a €30.00 ($35.71) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, June 30th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €27.45 ($32.68).

ThyssenKrupp AG (FRA TKA) opened at 25.052 on Thursday. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01. The stock’s market cap is €14.18 billion. The stock has a 50 day moving average price of €25.55 and a 200 day moving average price of €24.14.

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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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