ThyssenKrupp AG (TKA) PT Set at €32.00 by Jefferies Group LLC
ThyssenKrupp AG (FRA:TKA) has been given a €32.00 ($36.78) target price by research analysts at Jefferies Group LLC in a report issued on Tuesday. The firm presently has a “buy” rating on the basic materials company’s stock.
Several other research analysts have also recently issued reports on the company. Barclays PLC set a €21.00 ($24.14) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Tuesday, April 18th. Deutsche Bank AG reissued a “buy” rating and issued a price target on shares of ThyssenKrupp AG in a research note on Wednesday, May 24th. Royal Bank Of Canada set a €27.00 ($31.03) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Wednesday, April 12th. Credit Suisse Group set a €30.00 ($34.48) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Tuesday, April 11th. Finally, Berenberg Bank set a €28.50 ($32.76) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, May 12th. Five 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 has a consensus rating of “Hold” and a consensus target price of €25.35 ($29.14).
ThyssenKrupp AG (TKA) opened at 26.423 on Tuesday. The stock’s market capitalization is €14.95 billion. The company has a 50-day moving average of €23.69 and a 200-day moving average of €23.17. ThyssenKrupp AG has a 52-week low of €16.61 and a 52-week high of €26.64.
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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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