Berenberg Bank Analysts Give ThyssenKrupp AG (TKA) a €27.50 Price Target
ThyssenKrupp AG (FRA:TKA) has been given a €27.50 ($30.56) price target by Berenberg Bank in a report issued on Friday. The brokerage currently has a a “buy” rating on the stock.
TKA has been the subject of several other research reports. Commerzbank AG set a €26.00 ($28.89) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, August 19th. Bankhaus Lampe set a €20.00 ($22.22) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Monday, August 29th. JPMorgan Chase & Co. set a €22.20 ($24.67) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, September 15th. Macquarie set a €23.00 ($25.56) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Tuesday, September 20th. Finally, Kepler Capital Markets set a €19.00 ($21.11) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Tuesday, July 5th. 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’s stock. The company currently has a consensus rating of “Buy” and an average price target of €22.85 ($25.38).
ThyssenKrupp AG (FRA:TKA) traded up 1.43% on Friday, reaching €21.80. The company’s stock had a trading volume of 12,579 shares. The firm has a market capitalization of €12.34 billion and a P/E ratio of 68.55. 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 €21.16 and a 200 day moving average price of €19.72.
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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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