HSBC Holdings plc set a €30.00 ($35.29) price objective on ThyssenKrupp AG (FRA:TKA) in a research report sent to investors on Thursday, July 20th. The firm currently has a buy rating on the basic materials company’s stock.
A number of other research firms have also recently commented on TKA. Berenberg Bank set a €28.50 ($33.53) price target on ThyssenKrupp AG and gave the company a buy rating in a report on Friday, May 5th. Royal Bank Of Canada set a €27.00 ($31.76) price target on ThyssenKrupp AG and gave the company a buy rating in a report on Friday, May 5th. Macquarie set a €30.00 ($35.29) price target on ThyssenKrupp AG and gave the company a buy rating in a report on Tuesday, May 2nd. BNP Paribas set a €27.50 ($32.35) price target on ThyssenKrupp AG and gave the company a buy rating in a report on Friday, April 28th. Finally, Commerzbank Ag set a €29.00 ($34.12) price objective on ThyssenKrupp AG and gave the company a buy rating in a research report on Tuesday, April 25th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €25.98 ($30.57).
ThyssenKrupp AG (FRA TKA) opened at 25.69 on Thursday. The stock’s market capitalization is €14.54 billion. The company’s 50-day moving average price is €25.64 and its 200 day moving average price is €23.71. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01.
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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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