Deutsche Bank AG Analysts Give ThyssenKrupp AG (TKA) a €24.00 Price Target
ThyssenKrupp AG (FRA:TKA) received a €24.00 ($26.67) price objective from analysts at Deutsche Bank AG in a report released on Monday. The brokerage presently has a a “buy” rating on the stock.
Several other research firms have also weighed in on TKA. Jefferies Group set a €25.00 ($27.78) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Monday, July 11th. Kepler Capital Markets set a €19.00 ($21.11) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Tuesday, July 5th. Baader Bank set a €25.00 ($27.78) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, July 4th. Warburg Research set a €22.00 ($24.44) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Wednesday, June 29th. Finally, Morgan Stanley set a €23.50 ($26.11) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Wednesday, June 29th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have issued a buy rating to the stock. ThyssenKrupp AG has a consensus rating of “Buy” and a consensus target price of €22.85 ($25.38).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 22.30 on Monday. The company has a market capitalization of €12.62 billion and a price-to-earnings ratio of 70.13. The company’s 50 day moving average is €21.18 and its 200 day moving average is €19.73. ThyssenKrupp AG has a one year low of €12.62 and a one year 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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