ThyssenKrupp AG (TKA) Given a €32.00 Price Target by Commerzbank Ag Analysts
ThyssenKrupp AG (FRA:TKA) has been given a €32.00 ($38.10) price target by investment analysts at Commerzbank Ag in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the basic materials company’s stock.
Several other brokerages have also recently commented on TKA. Royal Bank Of Canada set a €29.00 ($34.52) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Bank of America Corporation set a €26.00 ($30.95) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Tuesday, June 6th. Deutsche Bank AG reiterated a “buy” rating and set a price target on shares of ThyssenKrupp AG in a research report on Wednesday, May 24th. Credit Suisse Group set a €33.00 ($39.29) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, June 8th. Finally, J P Morgan Chase & Co set a €28.00 ($33.33) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Tuesday, July 25th. Four investment 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’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €27.45 ($32.68).
ThyssenKrupp AG (FRA:TKA) traded up 0.164% on Wednesday, hitting €25.052. 27,314 shares of the company were exchanged. The stock’s market capitalization is €14.18 billion. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01. The stock’s 50-day moving average price is €25.55 and its 200-day moving average price is €24.14.
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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