ThyssenKrupp AG (TKA) Given a €25.00 Price Target by Baader Bank Analysts
ThyssenKrupp AG (FRA:TKA) received a €25.00 ($29.76) price objective from equities research analysts at Baader Bank in a research report issued on Tuesday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.
Several other analysts have also issued reports on the company. Nord/LB set a €30.00 ($35.71) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, June 30th. HSBC Holdings plc set a €30.00 ($35.71) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, July 20th. Deutsche Bank AG restated a “buy” rating and issued a price objective on shares of ThyssenKrupp AG in a research note on Wednesday, May 24th. DZ Bank AG restated a “buy” rating on shares of ThyssenKrupp AG in a research note on Tuesday, July 4th. Finally, Berenberg Bank set a €28.50 ($33.93) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, June 22nd. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. ThyssenKrupp AG presently has an average rating of “Hold” and a consensus target price of €26.74 ($31.84).
ThyssenKrupp AG (FRA:TKA) opened at 26.25 on Tuesday. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01. The firm has a 50-day moving average price of €25.55 and a 200 day moving average price of €24.08. The company’s market capitalization is €14.86 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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