ThyssenKrupp AG (FRA:TKA) received a €26.00 ($27.96) price target from analysts at Deutsche Bank AG in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock.

Several other research firms have also issued reports on TKA. Jefferies Group 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, September 30th. Macquarie set a €22.00 ($23.66) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Friday, October 28th. Baader Bank set a €25.00 ($26.88) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday. S&P Global Inc. set a €17.00 ($18.28) price objective on shares of ThyssenKrupp AG and gave the company a “sell” rating in a report on Thursday, August 11th. Finally, RBC Capital Markets set a €25.00 ($26.88) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 19th. 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’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of €23.49 ($25.26).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

ThyssenKrupp AG (FRA:TKA) opened at 21.614 on Friday. ThyssenKrupp AG has a 12-month low of €12.62 and a 12-month high of €22.95. The company’s 50-day moving average price is €21.47 and its 200-day moving average price is €20.26. The company has a market cap of €12.23 billion and a PE ratio of 67.969.

TRADEMARK VIOLATION WARNING: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another domain, it was illegally stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this story can be accessed at https://www.thecerbatgem.com/2016/11/25/thyssenkrupp-ag-tka-given-a-26-00-price-target-by-deutsche-bank-ag-analysts.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.