Baader Bank set a €25.00 ($29.41) price target on ThyssenKrupp AG (FRA:TKA) in a report released on Friday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other analysts also recently weighed in on TKA. UBS AG set a €20.50 ($24.12) price target on shares of ThyssenKrupp AG and gave the stock a sell rating in a report on Thursday, August 10th. Independent Research GmbH set a €27.00 ($31.76) price target on shares of ThyssenKrupp AG and gave the stock a neutral rating in a report on Thursday, August 10th. Royal Bank Of Canada set a €29.00 ($34.12) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a report on Tuesday, August 15th. S&P Global set a €23.00 ($27.06) price target on shares of ThyssenKrupp AG and gave the stock a sell rating in a report on Friday, August 11th. Finally, Barclays PLC set a €21.00 ($24.71) price target on shares of ThyssenKrupp AG and gave the stock a sell rating in a report on Tuesday, October 3rd. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €27.78 ($32.68).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 23.505 on Friday. ThyssenKrupp AG has a 12-month low of €19.40 and a 12-month high of €27.01. The firm’s market cap is €13.30 billion. The stock’s 50 day moving average is €25.30 and its 200 day moving average is €24.27.
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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.
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