ThyssenKrupp AG (TKA) PT Set at €30.00 by Credit Suisse Group AG
ThyssenKrupp AG (FRA:TKA) has been given a €30.00 ($32.97) target price by equities research analysts at Credit Suisse Group AG in a report issued on Wednesday. The firm currently has a a “buy” rating on the stock.
Other research analysts also recently issued research reports about the company. Baader Bank set a €25.00 ($27.47) price target on ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, July 4th. Morgan Stanley set a €23.50 ($25.82) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday, June 29th. Warburg Research set a €22.00 ($24.18) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday, June 29th. Berenberg Bank set a €29.00 ($31.87) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, June 24th. Finally, JPMorgan Chase & Co. set a €22.80 ($25.05) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, June 23rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of €23.21 ($25.50).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 22.107 on Wednesday. The company has a 50 day moving average price of €21.32 and a 200-day moving average price of €20.00. 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 €12.51 billion and a P/E ratio of 69.519.
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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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