ThyssenKrupp AG (TKA) Given a €18.50 Price Target by Barclays PLC Analysts
ThyssenKrupp AG (FRA:TKA) has been given a €18.50 ($20.56) price objective by equities researchers at Barclays PLC in a research report issued to clients and investors on Tuesday. The brokerage currently has a a “neutral” rating on the stock.
Several other equities analysts have also recently issued reports on TKA. Deutsche Bank AG restated a “buy” rating and set a target price on shares of ThyssenKrupp AG in a research note on Wednesday, August 17th. Morgan Stanley set a €23.50 ($26.11) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Wednesday, June 29th. Commerzbank AG set a €26.00 ($28.89) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, July 28th. Kepler Capital Markets set a €19.00 ($21.11) target price on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Tuesday, July 5th. Finally, Baader Bank set a €25.00 ($27.78) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Monday, July 4th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of €22.74 ($25.26).
ThyssenKrupp AG (FRA:TKA) traded down 1.529% during trading on Tuesday, hitting €20.482. 3,876 shares of the stock traded hands. The company has a market cap of €11.59 billion and a P/E ratio of 64.409. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.36. The firm has a 50-day moving average price of €21.04 and a 200 day moving average price of €19.37.
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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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