ThyssenKrupp AG (TKA) PT Set at €25.00 by Independent Research GmbH
ThyssenKrupp AG (FRA:TKA) received a €25.00 ($29.41) price target from equities researchers at Independent Research GmbH in a report issued on Thursday. The firm presently has a “neutral” rating on the basic materials company’s stock. Independent Research GmbH’s price target would indicate a potential upside of 11.16% from the stock’s current price.
Several other analysts have also commented on the company. UBS Group AG set a €25.00 ($29.41) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Thursday. J P Morgan Chase & Co set a €27.00 ($31.76) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Thursday. Commerzbank Ag set a €32.00 ($37.65) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada set a €32.00 ($37.65) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Wednesday. Finally, DZ Bank AG reissued a “buy” rating on shares of ThyssenKrupp AG in a research note on Thursday, November 16th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €27.29 ($32.10).
Shares of ThyssenKrupp AG (FRA:TKA) opened at €22.49 ($26.46) on Thursday. ThyssenKrupp AG has a one year low of €20.74 ($24.40) and a one year high of €27.01 ($31.78).
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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