ThyssenKrupp AG (TKA) Given a €20.00 Price Target by Goldman Sachs Group Inc. Analysts
TKA has been the topic of several other research reports. Berenberg Bank set a €29.00 ($32.22) price objective on ThyssenKrupp AG and gave the stock a buy rating in a report on Wednesday, June 15th. JPMorgan Chase & Co. set a €22.20 ($24.67) target price on ThyssenKrupp AG and gave the company a buy rating in a report on Tuesday, September 27th. Baader Bank set a €25.00 ($27.78) target price on ThyssenKrupp AG and gave the company a buy rating in a report on Monday, June 27th. Kepler Capital Markets set a €19.00 ($21.11) target price on ThyssenKrupp AG and gave the company a neutral rating in a report on Thursday, August 11th. Finally, Commerzbank AG set a €26.00 ($28.89) target price on ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have given a buy rating to the stock. The company presently has an average rating of Buy and an average target price of €22.97 ($25.52).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 22.037 on Thursday. The firm’s 50-day moving average price is €21.26 and its 200 day moving average price is €19.89. The stock has a market cap of €12.47 billion and a P/E ratio of 69.299. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.64.
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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