ThyssenKrupp AG (TKA) Receives Consensus Rating of “Hold” from Analysts
ThyssenKrupp AG (FRA:TKA) has received a consensus rating of “Hold” from the twenty-six ratings firms that are covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is €27.60 ($32.48).
TKA has been the subject of a number of recent analyst reports. Kepler Capital Markets set a €26.00 ($30.59) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Friday, July 21st. Royal Bank Of Canada set a €29.00 ($34.12) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, July 24th. Berenberg Bank set a €28.50 ($33.53) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, August 10th. Commerzbank Ag set a €32.00 ($37.65) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Wednesday, September 20th. Finally, BNP Paribas set a €35.00 ($41.18) price target on ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, September 21st.
ThyssenKrupp AG (FRA:TKA) opened at 23.892 on Wednesday. The company’s market cap is €13.52 billion. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01. The company’s 50-day moving average is €25.42 and its 200-day moving average is €24.28.
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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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