ThyssenKrupp AG (FRA:TKA) has been given a €23.00 ($25.56) price objective by equities researchers at Macquarie in a research note issued on Tuesday. The brokerage currently has a a “neutral” rating on the stock.

Several other brokerages have also recently issued reports on TKA. Berenberg Bank set a €29.00 ($32.22) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, June 24th. JPMorgan Chase & Co. set a €22.80 ($25.33) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, June 23rd. HSBC set a €26.00 ($28.89) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, June 17th. Bank of America Corp. set a €23.00 ($25.56) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, June 16th. Finally, Commerzbank AG set a €26.00 ($28.89) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Tuesday, June 7th. One 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 stock currently has an average rating of “Buy” and an average price target of €22.74 ($25.26).

Shares of ThyssenKrupp AG (FRA:TKA) opened at 20.641 on Tuesday. The stock has a market capitalization of €11.68 billion and a P/E ratio of 64.909. The company’s 50-day moving average is €21.05 and its 200-day moving average is €19.42. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.36.

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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