Baader Bank set a €25.00 ($29.41) target price on ThyssenKrupp AG (FRA:TKA) in a report released on Friday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

TKA has been the subject of several other reports. 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. 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 Thursday, September 21st. 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. Nord/LB 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 Friday, June 30th. Finally, J P Morgan Chase & Co set a €28.00 ($32.94) price target on shares of ThyssenKrupp AG and gave the company a neutral rating in a research report on Monday, August 21st. Five analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company. ThyssenKrupp AG has an average rating of Hold and an average price target of €27.78 ($32.68).

ThyssenKrupp AG (FRA TKA) opened at 22.79 on Friday. The company’s market capitalization is €12.90 billion. The firm has a 50-day moving average of €25.19 and a 200-day moving average of €24.29. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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