ThyssenKrupp AG (TKA) Given a €29.00 Price Target at Commerzbank Ag
ThyssenKrupp AG (FRA:TKA) has been assigned a €29.00 ($34.52) price objective by equities researchers at Commerzbank Ag in a report issued on Thursday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
A number of other equities research analysts also recently commented on the stock. UBS AG set a €20.50 ($24.40) price target on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a report on Wednesday. Royal Bank Of Canada set a €29.00 ($34.52) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Wednesday. Baader Bank set a €25.00 ($29.76) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Tuesday. Barclays PLC set a €21.00 ($25.00) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Tuesday. Finally, Deutsche Bank AG set a €30.00 ($35.71) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, September 8th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of €26.74 ($31.84).
ThyssenKrupp AG (FRA:TKA) traded down 0.250% during trading on Thursday, reaching €25.933. 3,929 shares of the company’s stock traded hands. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01. The firm’s market capitalization is €14.68 billion. The firm has a 50 day moving average of €25.56 and a 200 day moving average of €24.10.
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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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