ThyssenKrupp AG (TKA) Given a €25.00 Price Target at UBS AG
ThyssenKrupp AG (FRA:TKA) has been assigned a €25.00 ($29.41) price target by research analysts at UBS AG in a research note issued to investors on Friday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the basic materials company’s stock.
A number of other research analysts also recently weighed in on TKA. Berenberg Bank set a €28.50 ($33.53) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, June 22nd. Independent Research GmbH set a €26.00 ($30.59) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Friday, June 23rd. Deutsche Bank AG set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Monday, June 26th. Nord/LB set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, June 30th. Finally, DZ Bank AG restated a “buy” rating on shares of ThyssenKrupp AG in a research report on Tuesday, July 4th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. ThyssenKrupp AG currently has a consensus rating of “Hold” and an average price target of €27.61 ($32.48).
Shares of ThyssenKrupp AG (FRA TKA) traded down 0.828% during midday trading on Friday, hitting €23.348. 2,516 shares of the stock traded hands. The company’s 50-day moving average is €24.80 and its 200 day moving average is €24.32. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01. The firm’s market capitalization is €13.21 billion.
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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