ThyssenKrupp AG (TKA) Given a €20.00 Price Target at Goldman Sachs Group Inc.
ThyssenKrupp AG (FRA:TKA) has been given a €20.00 ($22.22) target price by Goldman Sachs Group Inc. in a research note issued on Thursday. The firm presently has a a “neutral” rating on the stock.
A number of other brokerages have also issued reports 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 Friday, September 30th. Deutsche Bank AG restated a “buy” rating and issued a price objective on shares of ThyssenKrupp AG in a report on Wednesday, August 17th. S&P Global Inc. set a €17.00 ($18.89) price objective on shares of ThyssenKrupp AG and gave the company a “sell” rating in a report on Thursday, August 11th. RBC Capital Markets set a €25.00 ($27.78) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 19th. Finally, Societe Generale set a €26.73 ($29.70) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, August 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of €22.97 ($25.52).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.682 on Thursday. The firm’s 50 day moving average is €21.25 and its 200-day moving average is €19.88. ThyssenKrupp AG has a 52 week low of €12.62 and a 52 week high of €22.64. The firm has a market cap of €12.27 billion and a price-to-earnings ratio of 68.182.
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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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