ThyssenKrupp AG (FRA:TKA) has been assigned a €30.00 ($35.71) target price by investment analysts at Nord/LB in a research note issued to investors on Monday. The firm currently has a “buy” rating on the basic materials company’s stock.

TKA has been the subject of several other research reports. UBS AG set a €18.00 ($21.43) price objective on shares of ThyssenKrupp AG and gave the company a “sell” rating in a research note on Monday, May 29th. Independent Research GmbH set a €26.00 ($30.95) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Friday, June 23rd. Deutsche Bank AG set a €30.00 ($35.71) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday. Macquarie set a €30.00 ($35.71) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Monday, June 19th. Finally, J P Morgan Chase & Co set a €28.00 ($33.33) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Monday, August 21st. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of €27.65 ($32.91).

Shares of ThyssenKrupp AG (FRA TKA) traded down 3.48% on Monday, reaching €24.18. 12,983 shares of the company’s stock were exchanged. The company’s market cap is €13.68 billion. The firm’s 50-day moving average price is €25.55 and its 200 day moving average price is €24.14. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01.

COPYRIGHT VIOLATION WARNING: “ThyssenKrupp AG (TKA) Given a €30.00 Price Target at Nord/LB” was published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.americanbankingnews.com/2017/09/25/thyssenkrupp-ag-tka-given-a-30-00-price-target-at-nordlb.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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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.