ThyssenKrupp AG (TKA) Given a €20.00 Price Target at Goldman Sachs Group Inc.
ThyssenKrupp AG (FRA:TKA) has been assigned a €20.00 ($22.22) target price by equities research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Thursday. The brokerage currently has a a “neutral” rating on the stock.
Other analysts have also recently issued research reports about the stock. Baader Bank set a €25.00 ($27.78) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Monday, June 27th. Berenberg Bank set a €29.00 ($32.22) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, June 24th. JPMorgan Chase & Co. set a €22.80 ($25.33) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, June 23rd. HSBC set a €26.00 ($28.89) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, June 17th. Finally, Bank of America Corp. set a €23.00 ($25.56) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, June 16th. 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 company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of €22.97 ($25.52).
ThyssenKrupp AG (FRA:TKA) opened at 21.69 on Thursday. The stock has a 50 day moving average price of €21.25 and a 200 day moving average price of €19.88. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.64. The company has a market capitalization of €12.28 billion and a price-to-earnings ratio of 68.21.
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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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