ThyssenKrupp AG (TKA) Given a €20.00 Price Target by Bankhaus Lampe Analysts
ThyssenKrupp AG (FRA:TKA) received a €20.00 ($21.51) target price from equities researchers at Bankhaus Lampe in a research note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock.
TKA has been the topic of several other research reports. Commerzbank AG set a €26.00 ($27.96) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, August 19th. Nord/LB reiterated a “buy” rating on shares of ThyssenKrupp AG in a research note on Wednesday, November 2nd. Credit Suisse Group AG set a €30.00 ($32.26) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, October 28th. JPMorgan Chase & Co. set a €22.20 ($23.87) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, September 15th. Finally, Deutsche Bank AG set a €24.00 ($25.81) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Monday, October 10th. 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 company. ThyssenKrupp AG presently has an average rating of “Buy” and a consensus target price of €23.49 ($25.26).
ThyssenKrupp AG (FRA:TKA) opened at 21.05 on Thursday. The company has a 50-day moving average price of €21.46 and a 200 day moving average price of €20.27. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.95. The company has a market capitalization of €11.91 billion and a PE ratio of 66.19.
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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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