ThyssenKrupp AG (FRA:TKA) has been assigned a €25.00 ($29.41) price target by research analysts at Baader Bank in a report released on Friday, October 6th. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
Several other equities analysts have also issued reports on TKA. Credit Suisse Group set a €33.00 ($38.82) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, June 8th. Deutsche Bank AG set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday, June 14th. Macquarie set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, June 19th. Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, June 22nd. Finally, Independent Research GmbH set a €26.00 ($30.59) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Friday, June 23rd. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of €27.43 ($32.27).
ThyssenKrupp AG (TKA) opened at 23.561 on Friday. The stock has a 50 day moving average price of €24.96 and a 200-day moving average price of €24.33. ThyssenKrupp AG has a 12-month low of €19.40 and a 12-month high of €27.01. The company’s market cap is €13.33 billion.
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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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