Jefferies Group Analysts Give ThyssenKrupp AG (TKA) a €25.00 Price Target
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.
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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.
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