ThyssenKrupp AG (TKA) Given a €30.00 Price Target by Nord/LB Analysts

ThyssenKrupp AG (FRA:TKA) has been given a €30.00 ($35.29) price target by equities researchers at Nord/LB in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the basic materials company’s stock. Nord/LB’s target price indicates a potential upside of 31.67% from the stock’s current price.

A number of other equities analysts also recently weighed in on the stock. Independent Research GmbH set a €25.00 ($29.41) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Thursday. UBS Group AG set a €25.00 ($29.41) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Thursday. J P Morgan Chase & Co set a €27.00 ($31.76) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Thursday. Commerzbank Ag set a €32.00 ($37.65) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday. Finally, Royal Bank Of Canada set a €32.00 ($37.65) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Wednesday. Five analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. ThyssenKrupp AG currently has an average rating of “Hold” and an average price target of €27.29 ($32.10).

ThyssenKrupp AG (FRA TKA) traded up €0.86 ($1.01) during midday trading on Thursday, hitting €22.79 ($26.81). 6,741,131 shares of the stock were exchanged. ThyssenKrupp AG has a 1-year low of €20.74 ($24.40) and a 1-year high of €27.01 ($31.78).

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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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