ThyssenKrupp AG (TKA) Given a €30.00 Price Target at Credit Suisse Group AG
ThyssenKrupp AG (FRA:TKA) has been given a €30.00 ($32.97) target price by stock analysts at Credit Suisse Group AG in a research report issued to clients and investors on Wednesday. The brokerage currently has a a “buy” rating on the stock.
Other equities analysts have also issued research reports about the company. Commerzbank AG set a €26.00 ($28.57) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, August 11th. Barclays PLC set a €18.50 ($20.33) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Tuesday, September 20th. BNP Paribas set a €21.00 ($23.08) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, July 28th. Jefferies Group set a €25.00 ($27.47) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, September 1st. Finally, Independent Research GmbH set a €19.50 ($21.43) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. ThyssenKrupp AG has a consensus rating of “Buy” and an average price target of €23.21 ($25.50).
ThyssenKrupp AG (FRA:TKA) opened at 22.107 on Wednesday. ThyssenKrupp AG has a 52 week low of €12.62 and a 52 week high of €22.64. The stock has a market cap of €12.51 billion and a price-to-earnings ratio of 69.519. The stock’s 50 day moving average price is €21.32 and its 200 day moving average price is €20.00.
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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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