Bank of America Corporation set a €30.00 ($35.29) target price on ThyssenKrupp AG (FRA:TKA) in a research note released on Friday morning. The firm currently has a buy rating on the basic materials company’s stock.

TKA has been the topic of several other reports. Nord/LB set a €30.00 ($35.29) price target on ThyssenKrupp and gave the company a buy rating in a research note on Monday, August 21st. UBS AG set a €25.00 ($29.41) price target on ThyssenKrupp and gave the company a neutral rating in a research note on Friday, October 20th. J P Morgan Chase & Co set a €27.00 ($31.76) price objective on ThyssenKrupp and gave the company a neutral rating in a report on Wednesday, November 15th. Deutsche Bank AG set a €30.00 ($35.29) price objective on ThyssenKrupp and gave the company a buy rating in a report on Friday, September 8th. Finally, Berenberg Bank set a €32.50 ($38.24) price objective on ThyssenKrupp and gave the company a buy rating in a report on Thursday, August 31st. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €28.01 ($32.95).

ThyssenKrupp (TKA) opened at €22.86 ($26.89) on Friday. ThyssenKrupp has a 12 month low of €20.74 ($24.40) and a 12 month high of €27.01 ($31.78).

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About ThyssenKrupp

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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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