ThyssenKrupp AG (TKA) Given a €30.00 Price Target by Deutsche Bank AG Analysts
Deutsche Bank AG set a €30.00 ($34.88) target price on ThyssenKrupp AG (FRA:TKA) in a research note published on Wednesday. The brokerage currently has a buy rating on the basic materials company’s stock.
A number of other brokerages also recently commented on TKA. Independent Research GmbH set a €25.00 ($29.07) target price on ThyssenKrupp AG and gave the company a neutral rating in a research note on Friday, May 12th. Bank of America Corporation set a €26.00 ($30.23) target price on ThyssenKrupp AG and gave the company a neutral rating in a research note on Tuesday, June 6th. Credit Suisse Group set a €33.00 ($38.37) target price on ThyssenKrupp AG and gave the company a buy rating in a research note on Thursday, June 8th. J P Morgan Chase & Co set a €28.00 ($32.56) target price on ThyssenKrupp AG and gave the company a neutral rating in a research note on Tuesday, July 25th. Finally, Berenberg Bank set a €28.50 ($33.14) target price on ThyssenKrupp AG and gave the company a buy rating in a research note on Saturday, May 20th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company. ThyssenKrupp AG presently has a consensus rating of Hold and an average price target of €25.93 ($30.15).
Shares of ThyssenKrupp AG (TKA) opened at 25.464 on Wednesday. The stock’s market capitalization is €14.41 billion. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01. The firm’s 50-day moving average price is €25.41 and its 200 day moving average price is €23.63.
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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.
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