BNP Paribas set a €23.00 ($24.73) target price on ThyssenKrupp AG (FRA:TKA) in a research note issued to investors on Monday morning. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also issued reports on the company. Deutsche Bank AG reiterated a buy rating and set a target price on shares of ThyssenKrupp AG in a research report on Wednesday, August 17th. JPMorgan Chase & Co. set a €22.20 ($23.87) target price on ThyssenKrupp AG and gave the company a buy rating in a research report on Tuesday, September 27th. Barclays PLC set a €18.50 ($19.89) target price on ThyssenKrupp AG and gave the company a neutral rating in a research report on Friday, October 21st. Commerzbank AG set a €26.00 ($27.96) target price on ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday, July 28th. Finally, Morgan Stanley set a €24.20 ($26.02) price objective on ThyssenKrupp AG and gave the company a buy rating in a research note on Monday, September 26th. 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 company. ThyssenKrupp AG has a consensus rating of Buy and a consensus target price of €23.29 ($25.04).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.798 on Monday. ThyssenKrupp AG has a 52 week low of €12.62 and a 52 week high of €22.95. The stock’s 50 day moving average is €21.42 and its 200-day moving average is €20.21. The stock has a market capitalization of €12.34 billion and a price-to-earnings ratio of 68.547.

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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