ThyssenKrupp AG (TKA) Receives Buy Rating from JPMorgan Chase & Co.
TKA has been the subject of several other research reports. Commerzbank AG set a €26.00 ($27.96) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Friday, August 19th. Nord/LB reaffirmed a buy rating on shares of ThyssenKrupp AG in a research report on Wednesday, November 2nd. Bankhaus Lampe set a €20.00 ($21.51) price objective on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research report on Monday, August 29th. Credit Suisse Group AG set a €30.00 ($32.26) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a research report on Friday, October 28th. Finally, Deutsche Bank AG set a €24.00 ($25.81) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a research report on Monday, October 10th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have issued a buy rating to the stock. ThyssenKrupp AG presently has an average rating of Buy and an average target price of €23.21 ($24.96).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.417 on Thursday. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.95. The stock’s 50 day moving average is €21.41 and its 200 day moving average is €20.19. The company has a market cap of €12.12 billion and a P/E ratio of 67.349.
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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