ThyssenKrupp AG (TKA) Receives Buy Rating from Jefferies Group LLC
ThyssenKrupp AG (FRA:TKA)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group LLC in a note issued to investors on Friday.
A number of other research analysts have also weighed in on TKA. UBS AG set a €18.00 ($21.43) target price on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a research note on Saturday, May 20th. Independent Research GmbH set a €27.00 ($32.14) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Thursday, August 10th. Royal Bank Of Canada set a €29.00 ($34.52) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Tuesday, August 15th. S&P Global set a €23.00 ($27.38) target price on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a research note on Friday, August 11th. Finally, Baader Bank set a €25.00 ($29.76) price target on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Monday, May 29th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of €26.94 ($32.08).
Shares of ThyssenKrupp AG (FRA TKA) traded up 3.189% during midday trading on Friday, reaching €25.987. The company’s stock had a trading volume of 94,832 shares. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01. The firm’s market cap is €14.71 billion. The stock’s 50 day moving average price is €25.55 and its 200 day moving average price is €24.14.
COPYRIGHT VIOLATION NOTICE: This story was reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/09/16/thyssenkrupp-ag-tka-given-buy-rating-at-jefferies-group-llc.html.
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.
Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with MarketBeat.com's FREE daily email newsletter.