HSBC Holdings plc Analysts Give ThyssenKrupp AG (FRA:TKA) a €30.00 Price Target
ThyssenKrupp AG (FRA:TKA) has been given a €30.00 ($34.48) price objective by research analysts at HSBC Holdings plc in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
A number of other equities research analysts have also recently commented on TKA. UBS AG set a €18.00 ($20.69) price objective on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a research note on Friday, May 12th. Royal Bank Of Canada set a €27.00 ($31.03) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, May 12th. Baader Bank set a €25.00 ($28.74) price objective on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Monday, May 29th. Warburg Research set a €23.00 ($26.44) price objective on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Monday, May 29th. Finally, Berenberg Bank set a €28.50 ($32.76) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Monday, July 17th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of €25.71 ($29.55).
Shares of ThyssenKrupp AG (TKA) traded down 1.405% during trading on Thursday, reaching €25.689. 55,657 shares of the company’s stock traded hands. The company has a 50 day moving average price of €24.98 and a 200-day moving average price of €23.50. The stock’s market cap is €14.54 billion. ThyssenKrupp AG has a one year low of €19.36 and a one year high of €27.01.
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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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