ThyssenKrupp AG (TKA) Given a €26.00 Price Target by Commerzbank AG Analysts
ThyssenKrupp AG (FRA:TKA) has been assigned a €26.00 ($28.57) target price by research analysts at Commerzbank AG in a research note issued on Friday. The brokerage presently has a a “buy” rating on the stock.
Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. set a €23.00 ($25.27) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Monday. Barclays PLC set a €18.50 ($20.33) price target on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Tuesday, September 20th. BNP Paribas set a €21.00 ($23.08) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, July 28th. Jefferies Group set a €25.00 ($27.47) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, September 1st. Finally, DZ Bank AG reissued a “buy” rating on shares of ThyssenKrupp AG in a research report on Friday, August 12th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of €23.29 ($25.59).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.208 on Friday. The stock has a market capitalization of €12.00 billion and a price-to-earnings ratio of 66.692. The stock’s 50 day moving average is €21.36 and its 200-day moving average is €20.16. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.95.
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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