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).

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About ThyssenKrupp

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 (FRA:TKA)

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