ThyssenKrupp AG (TKA) Given Buy Rating at DZ Bank AG
TKA has been the topic of several other reports. Jefferies Group set a €25.00 ($26.88) price objective on ThyssenKrupp AG and gave the company a buy rating in a research note on Friday, August 12th. JPMorgan Chase & Co. set a €22.20 ($23.87) price objective on ThyssenKrupp AG and gave the company a buy rating in a research note on Thursday, September 15th. Bankhaus Lampe set a €16.00 ($17.20) price objective on ThyssenKrupp AG and gave the company a neutral rating in a research note on Thursday, August 11th. Berenberg Bank set a €29.00 ($31.18) target price on ThyssenKrupp AG and gave the company a buy rating in a research report on Monday, November 21st. Finally, Baader Bank set a €25.00 ($26.88) target price on ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seventeen have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of €23.49 ($25.26).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.048 on Friday. The company has a market cap of €11.91 billion and a PE ratio of 66.189. The stock has a 50 day moving average of €21.46 and a 200-day moving average of €20.27. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.95.
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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