Baader Bank Reiterates “€25.00” Price Target for ThyssenKrupp AG (FRA:TKA)
ThyssenKrupp AG (FRA:TKA) has been given a €25.00 ($28.41) price target by analysts at Baader Bank in a report issued on Wednesday. The firm presently has a “neutral” rating on the basic materials company’s stock.
A number of other equities analysts have also recently weighed in on the company. Deutsche Bank AG set a €30.00 ($34.09) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, July 6th. DZ Bank AG reaffirmed a “buy” rating on shares of ThyssenKrupp AG in a report on Tuesday, July 4th. Nord/LB set a €30.00 ($34.09) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, June 30th. Independent Research GmbH set a €26.00 ($29.55) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Friday, June 23rd. Finally, Berenberg Bank set a €28.50 ($32.39) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, June 22nd. 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 stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €25.53 ($29.02).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 26.369 on Wednesday. ThyssenKrupp AG has a 52-week low of €16.61 and a 52-week high of €26.61. The stock’s market cap is €14.92 billion. The company’s 50 day moving average price is €23.69 and its 200 day moving average price is €23.17.
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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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