ThyssenKrupp AG (FRA:TKA) received a €29.00 ($34.52) price objective from analysts at Bank of America Corporation in a research note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.

Several other equities analysts also recently weighed in on TKA. Jefferies Group LLC set a €30.00 ($35.71) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, May 29th. DZ Bank AG reiterated a “buy” rating on shares of ThyssenKrupp AG in a report on Monday, May 29th. Warburg Research set a €23.00 ($27.38) target price on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Monday, May 29th. Independent Research GmbH set a €25.00 ($29.76) target price on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Monday, May 29th. Finally, UBS AG set a €18.00 ($21.43) target price on ThyssenKrupp AG and gave the company a “sell” rating in a report on Monday, May 29th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of €27.77 ($33.06).

Shares of ThyssenKrupp AG (TKA) opened at 24.42 on Tuesday. The stock’s 50 day moving average is €25.55 and its 200-day moving average is €24.14. The company’s market cap is €13.82 billion. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01.

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About ThyssenKrupp AG

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 AG (FRA:TKA)

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