ThyssenKrupp AG (TKA) PT Set at €29.00 by Berenberg Bank
ThyssenKrupp AG (FRA:TKA) has been given a €29.00 ($31.18) target price by equities researchers at Berenberg Bank in a report released on Monday. The firm currently has a “buy” rating on the stock.
A number of other brokerages have also recently commented on TKA. RBC Capital Markets set a €25.00 ($26.88) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 19th. Commerzbank AG set a €26.00 ($27.96) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 19th. Deutsche Bank AG reaffirmed a “buy” rating and issued 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 shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 12th. Finally, DZ Bank AG reaffirmed a “buy” rating on shares of ThyssenKrupp AG in a 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 assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of €23.29 ($25.04).
ThyssenKrupp AG (FRA:TKA) opened at 22.017 on Monday. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.95. The stock has a market capitalization of €12.46 billion and a price-to-earnings ratio of 69.236. The firm has a 50-day moving average of €21.43 and a 200-day moving average of €20.23.
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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