ThyssenKrupp AG (TKA) Given a €32.00 Price Target by Royal Bank Of Canada Analysts

Royal Bank Of Canada set a €32.00 ($37.65) price objective on ThyssenKrupp AG (FRA:TKA) in a research note issued to investors on Wednesday. The firm currently has a buy rating on the basic materials company’s stock.

Other research analysts also recently issued reports about the stock. Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday, August 10th. 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 Wednesday, September 20th. BNP Paribas set a €35.00 ($41.18) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday, September 21st. Credit Suisse Group set a €34.30 ($40.35) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday, August 3rd. Finally, J P Morgan Chase & Co set a €28.00 ($32.94) price target on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research note on Tuesday, July 25th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of €27.29 ($32.10).

Shares of ThyssenKrupp AG (FRA:TKA) opened at €22.26 ($26.19) on Wednesday. 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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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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