ThyssenKrupp AG (TKA) Given a €26.00 Price Target by Commerzbank AG Analysts
ThyssenKrupp AG (FRA:TKA) has been assigned a €26.00 ($28.89) target price by stock analysts at Commerzbank AG in a report released on Friday. The brokerage presently has a a “buy” rating on the stock.
TKA has been the topic of a number of other research reports. JPMorgan Chase & Co. set a €22.20 ($24.67) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Tuesday, September 27th. Baader Bank set a €25.00 ($27.78) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Monday, June 27th. Kepler Capital Markets set a €19.00 ($21.11) price objective on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Thursday, August 11th. Goldman Sachs Group Inc. set a €17.00 ($18.89) price objective on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Wednesday, July 13th. Finally, Warburg Research set a €22.00 ($24.44) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Wednesday, June 29th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have given a buy rating to the company. ThyssenKrupp AG has an average rating of “Buy” and a consensus price target of €23.05 ($25.61).
ThyssenKrupp AG (FRA:TKA) traded up 2.26% during trading on Friday, reaching €22.08. The company’s stock had a trading volume of 3,043 shares. The firm has a 50 day moving average price of €21.26 and a 200-day moving average price of €19.89. The stock has a market cap of €12.50 billion and a price-to-earnings ratio of 69.43. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.64.
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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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