Deutsche Bank AG Analysts Give ThyssenKrupp AG (TKA) a €30.00 Price Target
ThyssenKrupp AG (FRA:TKA) has been assigned a €30.00 ($34.88) target price by research analysts at Deutsche Bank AG in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
A number of other brokerages have also recently issued reports on TKA. Royal Bank Of Canada set a €27.00 ($31.40) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Tuesday, April 18th. Jefferies Group LLC set a €30.00 ($34.88) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, April 12th. Credit Suisse Group set a €30.00 ($34.88) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Tuesday, April 11th. Berenberg Bank set a €28.50 ($33.14) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, May 5th. Finally, Macquarie set a €30.00 ($34.88) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Tuesday, May 2nd. Four analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €25.93 ($30.15).
ThyssenKrupp AG (FRA:TKA) opened at 25.815 on Wednesday. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01. The company has a 50-day moving average price of €25.14 and a 200 day moving average price of €23.55. The company’s market capitalization is €14.61 billion.
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About ThyssenKrupp AG
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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