ThyssenKrupp AG (FRA:TKA) has been given a €29.00 ($31.87) price objective by research analysts at Commerzbank Ag in a research note issued to investors on Friday. The firm currently has a “buy” rating on the basic materials company’s stock.

Several other research analysts have also issued reports on TKA. Jefferies Group LLC set a €30.00 ($32.97) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday, April 12th. Societe Generale set a €26.70 ($29.34) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, May 11th. Baader Bank set a €25.00 ($27.47) target price on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Friday, May 12th. Macquarie set a €30.00 ($32.97) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Tuesday, May 2nd. Finally, Barclays PLC set a €21.00 ($23.08) target price on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Friday, May 12th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €25.37 ($27.88).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

ThyssenKrupp AG (FRA:TKA) traded up 0.19% during trading on Friday, hitting €23.12. The stock had a trading volume of 6,071 shares. The firm’s market capitalization is €13.08 billion. ThyssenKrupp AG has a one year low of €16.61 and a one year high of €24.65. The stock has a 50 day moving average of €22.30 and a 200 day moving average of €22.63.

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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.

12 Month Chart for FRA:TKA

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