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 Barclays PLC in a report issued on Tuesday. The firm currently has a a “neutral” rating on the stock.
Several other equities research analysts also recently weighed in on TKA. Jefferies Group set a €25.00 ($27.78) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Tuesday. Berenberg Bank set a €29.00 ($32.22) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, June 3rd. Macquarie set a €23.00 ($25.56) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Tuesday. Commerzbank AG set a €26.00 ($28.89) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Wednesday, June 1st. Finally, JPMorgan Chase & Co. set a €22.20 ($24.67) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, September 15th. One 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’s stock. The company currently has a consensus rating of “Buy” and an average target price of €22.74 ($25.26).
Shares of ThyssenKrupp AG (FRA:TKA) traded down 1.529% during midday trading on Tuesday, reaching €20.482. 3,876 shares of the company were exchanged. The stock has a market capitalization of €11.59 billion and a price-to-earnings ratio of 64.409. The company’s 50-day moving average price is €21.04 and its 200 day moving average price is €19.37. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.36.
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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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