ThyssenKrupp AG (TKA) Given a €27.00 Price Target by Independent Research GmbH Analysts
ThyssenKrupp AG (FRA:TKA) has been assigned a €27.00 ($31.76) price target by stock analysts at Independent Research GmbH in a report released on Monday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.
TKA has been the topic of several other research reports. Barclays PLC set a €21.00 ($24.71) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. UBS AG set a €18.00 ($21.18) price target on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a report on Monday, May 29th. Deutsche Bank AG set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, May 8th. Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, May 5th. Finally, S&P Global set a €20.00 ($23.53) price target on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a report on Saturday, May 20th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €26.58 ($31.28).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 25.037 on Monday. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01. The company’s market capitalization is €14.17 billion. The stock’s 50 day moving average price is €25.82 and its 200-day moving average price is €23.88.
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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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