ThyssenKrupp AG (TKA) PT Set at €20.00 by S&P Global
ThyssenKrupp AG (FRA:TKA) has been given a €20.00 ($23.53) price objective by equities researchers at S&P Global in a note issued to investors on Friday. The brokerage presently has a “sell” rating on the basic materials company’s stock. S&P Global’s target price would indicate a potential downside of 12.49% from the stock’s previous close.
Other equities research analysts have also recently issued research reports about the company. Deutsche Bank AG set a €30.00 ($35.29) price target on ThyssenKrupp and gave the company a “buy” rating in a research note on Thursday, September 21st. Nord/LB set a €30.00 ($35.29) price target on ThyssenKrupp and gave the company a “buy” rating in a research note on Thursday. Baader Bank set a €25.00 ($29.41) price target on ThyssenKrupp and gave the company a “neutral” rating in a research note on Tuesday, September 26th. 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. Finally, J P Morgan Chase & Co set a €28.00 ($32.94) price target on ThyssenKrupp and gave the company a “neutral” rating in a research note on Monday, August 21st. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the stock. ThyssenKrupp has an average rating of “Hold” and an average price target 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).
ILLEGAL ACTIVITY WARNING: “ThyssenKrupp AG (TKA) PT Set at €20.00 by S&P Global” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://www.watchlistnews.com/thyssenkrupp-ag-tka-pt-set-at-20-00-by-sp-global/1726680.html.
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.
Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with Analyst Ratings Network's FREE daily email newsletter.