Analysts Set ThyssenKrupp AG (TKA) PT at $27.09

Shares of ThyssenKrupp AG (FRA:TKA) have earned an average recommendation of “Hold” from the twenty-four brokerages that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is €28.01 ($32.95).

Several brokerages have recently issued reports on TKA. DZ Bank AG restated a “buy” rating on shares of ThyssenKrupp in a report on Friday. Kepler Capital Markets set a €21.00 ($24.71) target price on shares of ThyssenKrupp and gave the company a “sell” rating in a report on Friday. S&P Global set a €20.00 ($23.53) target price on shares of ThyssenKrupp and gave the company a “sell” rating in a report on Friday. Bank of America Corporation set a €30.00 ($35.29) target price on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Friday. Finally, Jefferies Group LLC set a €38.00 ($44.71) target price on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Friday.

Shares of ThyssenKrupp (FRA:TKA) traded up €0.14 ($0.16) during trading hours on Thursday, hitting €22.90 ($26.94). 16,516 shares of the company’s stock were exchanged. ThyssenKrupp has a 52 week low of €20.74 ($24.40) and a 52 week high of €27.01 ($31.78).

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ThyssenKrupp 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 (FRA:TKA)

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