RBC Capital Reiterates “€23.00” Price Target for ThyssenKrupp AG (TKA)
ThyssenKrupp AG (FRA:TKA) received a €23.00 ($25.84) target price from research analysts at RBC Capital in a research note issued to investors on Friday. The firm presently has a a “buy” rating on the stock.
A number of other analysts have also weighed in on the stock. DZ Bank AG reaffirmed a “neutral” rating on shares of ThyssenKrupp AG in a research note on Tuesday, May 10th. Nord/LB set a €20.00 ($22.47) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Tuesday, February 2nd. Berenberg Bank set a €24.00 ($26.97) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Wednesday, March 30th. Deutsche Bank set a €24.00 ($26.97) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Monday, February 15th. Finally, Societe Generale reaffirmed a “buy” rating on shares of ThyssenKrupp AG in a research note on Thursday, March 3rd. Ten investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. ThyssenKrupp AG presently has a consensus rating of “Buy” and an average price target of €21.90 ($24.60).
ThyssenKrupp AG (FRA:TKA) opened at 19.538 on Friday. ThyssenKrupp AG has a 52 week low of €12.62 and a 52 week high of €25.10. The company’s 50-day moving average is €19.56 and its 200-day moving average is €17.56.
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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