ThyssenKrupp AG (FRA:TKA) has been assigned a €28.00 ($30.11) price objective by investment analysts at Berenberg Bank in a research note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock.

Several other analysts have also recently commented on TKA. Bankhaus Lampe set a €20.00 ($21.51) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Thursday. JPMorgan Chase & Co. set a €22.20 ($23.87) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Tuesday, September 27th. Morgan Stanley set a €24.00 ($25.81) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, October 20th. Kepler Capital Markets set a €19.00 ($20.43) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Thursday, August 11th. Finally, Credit Suisse Group AG set a €30.00 ($32.26) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Wednesday, October 19th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of €23.49 ($25.26).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

ThyssenKrupp AG (FRA:TKA) opened at 21.351 on Monday. The company has a 50-day moving average price of €21.46 and a 200 day moving average price of €20.27. The company has a market capitalization of €12.08 billion and a PE ratio of 67.142. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.95.

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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.

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