ThyssenKrupp AG (TKA) Given a €25.00 Price Target by Bank of America Corp. Analysts
ThyssenKrupp AG (FRA:TKA) has been given a €25.00 ($27.78) target price by investment analysts at Bank of America Corp. in a report issued on Friday. The firm presently has a a “buy” rating on the stock.
TKA has been the topic of a number of other reports. Commerzbank AG set a €26.00 ($28.89) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 19th. Bankhaus Lampe set a €20.00 ($22.22) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Monday, August 29th. JPMorgan Chase & Co. set a €22.20 ($24.67) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, September 15th. Berenberg Bank set a €27.50 ($30.56) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, August 19th. Finally, Macquarie set a €23.00 ($25.56) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Tuesday, September 20th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of €22.85 ($25.38).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.817 on Friday. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.36. The company has a 50-day moving average price of €21.16 and a 200-day moving average price of €19.72. The firm has a market capitalization of €12.35 billion and a price-to-earnings ratio of 68.607.
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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