ThyssenKrupp AG (FRA:TKA) has been given a €29.00 ($33.33) price target by stock analysts at Royal Bank Of Canada in a report released on Monday. The brokerage currently has a “buy” rating on the basic materials company’s stock.

Several other research firms also recently issued reports on TKA. Independent Research GmbH set a €25.00 ($28.74) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Friday, May 12th. Bank of America Corporation set a €26.00 ($29.89) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Tuesday, June 6th. Deutsche Bank AG reaffirmed a “buy” rating and set a price target on shares of ThyssenKrupp AG in a research note on Wednesday, May 24th. Credit Suisse Group set a €33.00 ($37.93) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, June 8th. Finally, Berenberg Bank set a €28.50 ($32.76) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of €25.83 ($29.69).

ThyssenKrupp AG (TKA) opened at 25.759 on Monday. ThyssenKrupp AG has a 52 week low of €19.36 and a 52 week high of €27.01. The stock’s 50 day moving average is €24.98 and its 200 day moving average is €23.50. The company’s market capitalization is €14.58 billion.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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