ThyssenKrupp AG (TKA) Given Consensus Recommendation of “Hold” by Brokerages
Shares of ThyssenKrupp AG (FRA:TKA) have received an average rating of “Hold” from the twenty-six brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is €26.20 ($30.83).
TKA has been the topic of several recent research reports. Royal Bank Of Canada set a €27.00 ($31.76) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Tuesday, April 18th. Barclays PLC set a €21.00 ($24.71) price objective on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Tuesday, April 18th. Jefferies Group LLC set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, April 20th. Commerzbank Ag set a €29.00 ($34.12) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Finally, BNP Paribas set a €27.50 ($32.35) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, April 28th.
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ThyssenKrupp AG (TKA) opened at 26.385 on Tuesday. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01. The company’s 50 day moving average is €25.82 and its 200 day moving average is €23.76. The stock’s market cap is €14.93 billion.
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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