ThyssenKrupp AG (TKA) Given Average Rating of “Hold” by Analysts
Shares of ThyssenKrupp AG (FRA:TKA) have been given an average rating of “Hold” by the twenty-six analysts that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is €26.20 ($30.83).
TKA has been the topic of a number of recent research reports. Nord/LB set a €30.00 ($35.29) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, June 30th. Barclays PLC set a €21.00 ($24.71) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Tuesday, April 18th. HSBC Holdings plc set a €30.00 ($35.29) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, July 20th. Deutsche Bank AG reissued a “buy” rating and set a price target on shares of ThyssenKrupp AG in a research note on Wednesday, May 24th. Finally, Berenberg Bank set a €28.50 ($33.53) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, May 12th.
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Shares of ThyssenKrupp AG (FRA TKA) opened at 26.385 on Tuesday. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01. The stock has a 50 day moving average price of €25.82 and a 200-day moving average price of €23.76. The company’s market capitalization is €14.93 billion.
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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