ThyssenKrupp AG (TKA) PT Set at €22.00 by Independent Research GmbH
ThyssenKrupp AG (FRA:TKA) received a €22.00 ($23.66) price objective from Independent Research GmbH in a report released on Monday. The brokerage currently has a “neutral” rating on the stock.
A number of other research firms have also weighed in on TKA. Deutsche Bank AG restated a “buy” rating and set a target price on shares of ThyssenKrupp AG in a report on Wednesday, August 17th. Nord/LB set a €26.00 ($27.96) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, August 12th. DZ Bank AG restated a “buy” rating on shares of ThyssenKrupp AG in a report on Friday, August 12th. Jefferies Group set a €25.00 ($26.88) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, August 12th. Finally, S&P Global Inc. set a €17.00 ($18.28) target price on ThyssenKrupp AG and gave the stock a “sell” rating in a report on Thursday, August 11th. Two 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. The company currently has an average rating of “Buy” and a consensus target price of €23.29 ($25.04).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 22.017 on Monday. The company has a market cap of €12.46 billion and a price-to-earnings ratio of 69.236. The company has a 50 day moving average price of €21.43 and a 200 day moving average price of €20.23. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.95.
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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