ThyssenKrupp AG (FRA:TKA) has been assigned a €27.00 ($29.67) target price by Royal Bank of Canada in a research report issued to clients and investors on Saturday. The brokerage presently has a “buy” rating on the basic materials company’s stock.

Other analysts have also recently issued research reports about the company. Macquarie set a €29.00 ($31.87) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Tuesday, February 7th. Berenberg Bank set a €28.00 ($30.77) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, February 6th. BNP Paribas set a €25.50 ($28.02) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, February 3rd. Jefferies Group LLC set a €30.00 ($32.97) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Tuesday, January 31st. Finally, Commerzbank Ag set a €26.00 ($28.57) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, January 27th. 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 company presently has a consensus rating of “Hold” and a consensus target price of €25.37 ($27.88).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) traded up 0.19% on Friday, hitting €23.12. The company had a trading volume of 6,071 shares. The firm’s market capitalization is €13.08 billion. ThyssenKrupp AG has a 1-year low of €16.61 and a 1-year high of €24.65. The company has a 50 day moving average price of €22.30 and a 200 day moving average price of €22.63.

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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.

12 Month Chart for FRA:TKA

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