ThyssenKrupp AG (FRA:TKA) received a €25.00 ($27.78) target price from equities research analysts at Jefferies Group in a research note issued on Tuesday. The firm currently has a a “buy” rating on the stock.

TKA has been the subject of a number of other research reports. Berenberg Bank set a €29.00 ($32.22) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday, June 15th. Baader Bank set a €25.00 ($27.78) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, June 27th. Kepler Capital Markets set a €19.00 ($21.11) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Thursday, August 11th. Commerzbank AG set a €26.00 ($28.89) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, July 28th. Finally, Goldman Sachs Group Inc. set a €17.00 ($18.89) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Wednesday, July 13th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of €22.74 ($25.26).

Shares of ThyssenKrupp AG (FRA:TKA) traded down 1.500% during trading on Tuesday, reaching €20.488. The company had a trading volume of 5,911 shares. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.36. The company has a market cap of €11.59 billion and a price-to-earnings ratio of 64.428. The firm has a 50 day moving average price of €21.03 and a 200 day moving average price of €19.39.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/jefferies-group-analysts-give-thyssenkrupp-ag-tka-a-25-00-price-target.html

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.

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 MarketBeat.com's FREE daily email newsletter.