Deutsche Bank AG Analysts Give ThyssenKrupp AG (TKA) a €30.00 Price Target
ThyssenKrupp AG (FRA:TKA) has been assigned a €30.00 ($35.71) price objective by Deutsche Bank AG in a report issued on Friday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
A number of other research firms have also recently weighed in on TKA. Warburg Research set a €23.00 ($27.38) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Monday, May 15th. DZ Bank AG reaffirmed a “buy” rating on shares of ThyssenKrupp AG in a report on Monday, May 15th. Jefferies Group LLC set a €30.00 ($35.71) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, May 15th. S&P Global set a €20.00 ($23.81) price objective on shares of ThyssenKrupp AG and gave the company a “sell” rating in a report on Friday, May 12th. Finally, Baader Bank set a €25.00 ($29.76) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Friday, May 12th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of €26.74 ($31.84).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 26.00 on Friday. The stock has a 50 day moving average price of €25.51 and a 200 day moving average price of €24.00. The stock’s market capitalization is €14.71 billion. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01.
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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.
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