Warburg Research set a €24.00 ($25.81) price target on ThyssenKrupp AG (FRA:TKA) in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.

A number of other equities analysts also recently commented on the stock. Kepler Capital Markets set a €18.00 ($19.35) price objective on shares of ThyssenKrupp AG and gave the stock a sell rating in a research note on Thursday. Commerzbank AG set a €26.00 ($27.96) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday. Baader Bank set a €25.00 ($26.88) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday. Berenberg Bank set a €29.00 ($31.18) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Monday. Finally, BNP Paribas set a €23.00 ($24.73) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Monday. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of €23.49 ($25.26).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

ThyssenKrupp AG (FRA:TKA) opened at 21.40 on Thursday. The company’s 50-day moving average price is €21.47 and its 200 day moving average price is €20.26. The stock has a market capitalization of €12.11 billion and a P/E ratio of 67.30. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.95.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another publication, it was stolen and reposted in violation of international trademark and copyright legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2016/11/25/thyssenkrupp-ag-tka-given-a-24-00-price-target-at-warburg-research.html.

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.

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.