ThyssenKrupp AG (TKA) PT Set at €25.00 by Baader Bank
ThyssenKrupp AG (FRA:TKA) has been given a €25.00 ($29.41) price target by analysts at Baader Bank in a report issued on Friday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
A number of other equities research analysts have also issued reports on TKA. Credit Suisse Group AG set a €33.00 ($38.82) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, June 8th. Deutsche Bank AG set a €30.00 ($35.29) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, June 14th. Macquarie set a €30.00 ($35.29) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Monday, June 19th. Berenberg Bank set a €28.50 ($33.53) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, June 22nd. Finally, Independent Research GmbH set a €26.00 ($30.59) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Friday, June 23rd. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of €27.78 ($32.68).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 23.565 on Friday. The stock has a 50 day moving average price of €25.30 and a 200 day moving average price of €24.27. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01. The company’s market capitalization is €13.34 billion.
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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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