ThyssenKrupp AG (FRA:TKA) has been assigned a €32.00 ($37.65) price target by Commerzbank Ag in a report released on Monday. The firm presently has a “buy” rating on the basic materials company’s stock.
Several other research analysts have also recently weighed in on TKA. Deutsche Bank AG set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, June 14th. Macquarie set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Monday, June 19th. Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, June 22nd. Independent Research GmbH set a €26.00 ($30.59) price target on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Friday, June 23rd. Finally, Nord/LB set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, June 30th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of €27.78 ($32.68).
Shares of ThyssenKrupp AG (FRA TKA) opened at 23.16 on Monday. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01. The stock has a 50 day moving average of €25.30 and a 200 day moving average of €24.27. The stock’s market cap is €13.11 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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