ThyssenKrupp AG (FRA:TKA) received a €30.00 ($32.97) target price from Credit Suisse Group AG in a report issued on Wednesday. The firm presently has a a “buy” rating on the stock.

Other equities analysts have also recently issued reports about the company. Baader Bank set a €25.00 ($27.47) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, July 4th. Morgan Stanley set a €23.50 ($25.82) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Wednesday, June 29th. Warburg Research set a €22.00 ($24.18) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Wednesday, June 29th. Berenberg Bank set a €29.00 ($31.87) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, June 24th. Finally, JPMorgan Chase & Co. set a €22.80 ($25.05) price objective on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, June 23rd. One equities research 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 an average rating of “Buy” and an average price target of €23.21 ($25.50).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

ThyssenKrupp AG (FRA:TKA) opened at 22.107 on Wednesday. The firm has a market cap of €12.51 billion and a P/E ratio of 69.519. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.64. The company has a 50-day moving average of €21.32 and a 200 day moving average of €20.00.

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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