ThyssenKrupp AG (FRA:TKA) has been assigned a €26.00 ($28.89) target price by equities research analysts at Commerzbank AG in a research report issued on Friday. The brokerage presently has a a “buy” rating on the stock.

A number of other equities research analysts have also recently issued reports on the company. Warburg Research set a €24.00 ($26.67) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday. Goldman Sachs Group Inc. set a €20.00 ($22.22) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Thursday. Deutsche Bank AG set a €24.00 ($26.67) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Monday. Berenberg Bank set a €27.50 ($30.56) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, October 7th. Finally, Bank of America Corp. set a €25.00 ($27.78) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, October 7th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of €23.05 ($25.61).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

ThyssenKrupp AG (FRA:TKA) traded up 2.26% during trading on Friday, reaching €22.08. 3,043 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is €21.26 and its 200-day moving average price is €19.89. The company has a market capitalization of €12.50 billion and a price-to-earnings ratio of 69.43. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week 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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