Warburg Research Analysts Give ThyssenKrupp AG (TKA) a €24.00 Price Target
ThyssenKrupp AG (FRA:TKA) received a €24.00 ($26.67) price objective from research analysts at Warburg Research in a report issued on Friday. The firm currently has a a “buy” rating on the stock.
A number of other research analysts have also commented on TKA. Bank of America Corp. set a €23.00 ($25.56) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, June 16th. HSBC set a €26.00 ($28.89) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, June 17th. JPMorgan Chase & Co. set a €22.80 ($25.33) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, June 23rd. Berenberg Bank set a €29.00 ($32.22) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, June 24th. Finally, Baader Bank set a €25.00 ($27.78) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, June 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of €23.05 ($25.61).
ThyssenKrupp AG (FRA:TKA) traded up 2.26% on Friday, hitting €22.08. 3,043 shares of the company traded hands. The stock’s 50-day moving average is €21.26 and its 200 day moving average is €19.89. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.64. The stock has a market cap of €12.50 billion and a PE ratio of 69.43.
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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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