Commerzbank AG Analysts Give ThyssenKrupp AG (TKA) a €26.00 Price Target
ThyssenKrupp AG (FRA:TKA) has been assigned a €26.00 ($28.89) target price by stock analysts at Commerzbank AG in a report issued on Friday. The firm presently has a a “buy” rating on the stock.
Other equities research analysts have also issued research reports about the company. Baader Bank set a €25.00 ($27.78) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, June 27th. Berenberg Bank set a €29.00 ($32.22) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, June 24th. JPMorgan Chase & Co. set a €22.80 ($25.33) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, June 23rd. HSBC set a €26.00 ($28.89) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, June 17th. Finally, Bank of America Corp. set a €23.00 ($25.56) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, June 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of €23.05 ($25.61).
ThyssenKrupp AG (FRA:TKA) traded up 2.26% on Friday, hitting €22.08. The stock had a trading volume of 3,043 shares. The company has a 50-day moving average price of €21.26 and a 200-day moving average price of €19.89. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.64. The stock has a market capitalization of €12.50 billion and a price-to-earnings ratio of 69.43.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/14/commerzbank-ag-analysts-give-thyssenkrupp-ag-tka-a-26-00-price-target.html
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.
Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with MarketBeat.com's FREE daily email newsletter.