ThyssenKrupp AG (TKA) Given a €23.00 Price Target at Macquarie
ThyssenKrupp AG (FRA:TKA) received a €23.00 ($25.56) price objective from stock analysts at Macquarie in a note issued to investors on Tuesday. The firm presently has a a “neutral” rating on the stock.
TKA has been the subject of several other reports. Berenberg Bank set a €29.00 ($32.22) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Wednesday, June 15th. Baader Bank set a €25.00 ($27.78) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Monday, June 27th. Kepler Capital Markets set a €19.00 ($21.11) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Thursday, August 11th. Commerzbank AG set a €26.00 ($28.89) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, July 28th. Finally, Goldman Sachs Group Inc. set a €17.00 ($18.89) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Wednesday, July 13th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have assigned a buy rating to the company’s stock. ThyssenKrupp AG presently has a consensus rating of “Buy” and an average price target of €22.74 ($25.26).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 20.669 on Tuesday. The company has a market cap of €11.70 billion and a P/E ratio of 64.997. 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 12 month low of €12.62 and a 12 month high of €22.36.
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ThyssenKrupp AG Company Profile
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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