ThyssenKrupp AG (TKA) Given a €25.00 Price Target at Jefferies Group
ThyssenKrupp AG (FRA:TKA) received a €25.00 ($27.78) target price from investment analysts at Jefferies Group in a report released on Tuesday. The brokerage currently has a a “buy” rating on the stock.
A number of other equities analysts have also issued reports on the company. Macquarie set a €23.00 ($25.56) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Tuesday. JPMorgan Chase & Co. set a €22.20 ($24.67) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, September 15th. Kepler Capital Markets set a €20.00 ($22.22) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Tuesday, September 13th. Commerzbank AG set a €26.00 ($28.89) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, August 31st. Finally, Bankhaus Lampe set a €20.00 ($22.22) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Monday, August 29th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of €22.74 ($25.26).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 20.669 on Tuesday. The stock has a market cap of €11.70 billion and a P/E ratio of 64.997. The firm’s 50-day moving average price is €21.04 and its 200-day moving average price is €19.37. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.36.
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.
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