ThyssenKrupp AG (TKA) Receives Consensus Recommendation of “Hold” from Analysts
Shares of ThyssenKrupp AG (FRA:TKA) have received an average recommendation of “Hold” from the twenty-six analysts that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is €27.09 ($31.87).
A number of brokerages have issued reports on TKA. Royal Bank Of Canada set a €32.00 ($37.65) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, November 3rd. Barclays PLC set a €21.00 ($24.71) price objective on ThyssenKrupp AG and gave the company a “sell” rating in a report on Thursday, November 9th. DZ Bank AG reissued a “buy” rating on shares of ThyssenKrupp AG in a report on Thursday, November 16th. Independent Research GmbH set a €25.00 ($29.41) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Thursday. Finally, UBS Group AG set a €25.00 ($29.41) price objective on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Thursday.
ThyssenKrupp AG (FRA:TKA) opened at €22.55 ($26.52) on Thursday. ThyssenKrupp AG has a 12-month low of €20.74 ($24.40) and a 12-month high of €27.01 ($31.78).
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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