Societe Generale set a €30.80 ($36.67) target price on ThyssenKrupp AG (FRA:TKA) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the basic materials company’s stock.
Several other analysts have also issued reports on TKA. UBS AG set a €18.00 ($21.43) price target on shares of ThyssenKrupp AG and gave the company a sell rating in a research report on Monday, May 29th. Independent Research GmbH set a €27.00 ($32.14) price target on shares of ThyssenKrupp AG and gave the company a neutral rating in a research report on Thursday, August 10th. Royal Bank Of Canada set a €29.00 ($34.52) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Tuesday, August 15th. S&P Global set a €23.00 ($27.38) price target on shares of ThyssenKrupp AG and gave the company a sell rating in a research report on Friday, August 11th. Finally, Warburg Research set a €23.00 ($27.38) price target on shares of ThyssenKrupp AG and gave the company a neutral rating in a research report on Monday, May 29th. Four 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. The company currently has an average rating of Hold and a consensus price target of €27.65 ($32.91).
ThyssenKrupp AG (TKA) opened at 25.15 on Thursday. The firm’s market cap is €14.23 billion. The firm’s 50 day moving average is €25.55 and its 200-day moving average is €24.14. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01.
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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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