ThyssenKrupp AG (FRA:TKA) Given a €27.00 Price Target by Independent Research GmbH Analysts
ThyssenKrupp AG (FRA:TKA) received a €27.00 ($30.68) price target from equities research analysts at Independent Research GmbH in a research report issued to clients and investors on Thursday. The firm currently has a “neutral” rating on the basic materials company’s stock.
A number of other analysts have also recently weighed in on the stock. Baader Bank set a €25.00 ($28.41) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Wednesday. Deutsche Bank AG set a €30.00 ($34.09) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, July 6th. DZ Bank AG reissued a “buy” rating on shares of ThyssenKrupp AG in a report on Tuesday, July 4th. Nord/LB set a €30.00 ($34.09) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, June 30th. Finally, Berenberg Bank set a €28.50 ($32.39) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, June 22nd. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of €25.58 ($29.06).
ThyssenKrupp AG (TKA) traded down 0.29% on Thursday, reaching €26.55. 53,482 shares of the company’s stock were exchanged. ThyssenKrupp AG has a 1-year low of €16.61 and a 1-year high of €27.00. The firm’s market capitalization is €15.03 billion. The stock’s 50 day moving average price is €23.69 and its 200 day moving average price is €23.17.
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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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