ThyssenKrupp AG (FRA:TKA) has been assigned a €23.00 ($24.73) target price by analysts at JPMorgan Chase & Co. in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock.

Other research analysts have also issued reports about the stock. Baader Bank set a €25.00 ($26.88) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, August 11th. Commerzbank AG set a €26.00 ($27.96) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, August 11th. Berenberg Bank set a €29.00 ($31.18) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, August 11th. BNP Paribas set a €21.00 ($22.58) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, July 28th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a price objective on shares of ThyssenKrupp AG in a report on Wednesday, August 17th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company’s stock. ThyssenKrupp AG has a consensus rating of “Buy” and a consensus target price of €23.49 ($25.26).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.628 on Friday. The firm’s 50-day moving average price is €21.47 and its 200-day moving average price is €20.26. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.95. The firm has a market capitalization of €12.24 billion and a P/E ratio of 68.013.

TRADEMARK VIOLATION NOTICE: “ThyssenKrupp AG (TKA) Given a €23.00 Price Target at JPMorgan Chase & Co.” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another domain, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2016/11/25/thyssenkrupp-ag-tka-given-a-23-00-price-target-at-jpmorgan-chase-co.html.

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.

Receive News & Stock Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related stocks with our FREE daily email newsletter.