ThyssenKrupp AG (TKA) Given a €23.00 Price Target by Independent Research GmbH Analysts
ThyssenKrupp AG (FRA:TKA) received a €23.00 ($24.73) price objective from equities research analysts at Independent Research GmbH in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock.
A number of other equities research analysts have also recently weighed in on the company. Deutsche Bank AG reaffirmed a “buy” rating and issued a price objective on shares of ThyssenKrupp AG in a research note on Wednesday, August 17th. JPMorgan Chase & Co. set a €22.20 ($23.87) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Tuesday, September 27th. Barclays PLC set a €18.50 ($19.89) target price on ThyssenKrupp AG and gave the company a “neutral” rating in a report on Friday, October 21st. Commerzbank AG set a €26.00 ($27.96) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, November 11th. Finally, Morgan Stanley set a €24.20 ($26.02) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, September 26th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of €23.49 ($25.26).
ThyssenKrupp AG (FRA:TKA) opened at 21.351 on Monday. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.95. The stock has a 50 day moving average price of €21.46 and a 200-day moving average price of €20.27. The firm has a market capitalization of €12.08 billion and a price-to-earnings ratio of 67.142.
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.