ThyssenKrupp AG (TKA) Given a €29.00 Price Target at Royal Bank Of Canada
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.
TRADEMARK VIOLATION NOTICE: “ThyssenKrupp AG (TKA) Given a €29.00 Price Target at Royal Bank Of Canada” was first posted by American Banking News and is owned by of American Banking News. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/07/24/thyssenkrupp-ag-tka-given-a-29-00-price-target-at-royal-bank-of-canada.html.
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.
Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with MarketBeat.com's FREE daily email newsletter.