ThyssenKrupp AG (TKA) PT Set at €26.00 by Nord/LB
ThyssenKrupp AG (FRA:TKA) has been given a €26.00 ($27.96) price objective by Nord/LB in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock.
Several other equities research analysts also recently issued reports on TKA. Jefferies Group set a €25.00 ($26.88) price objective on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, August 12th. JPMorgan Chase & Co. set a €22.20 ($23.87) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, September 15th. Bankhaus Lampe set a €16.00 ($17.20) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Thursday, August 11th. Berenberg Bank set a €29.00 ($31.18) target price on ThyssenKrupp AG and gave the stock 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 stock a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the company. ThyssenKrupp AG has an average rating of “Buy” and an average target price of €23.49 ($25.26).
ThyssenKrupp AG (FRA:TKA) opened at 21.05 on Thursday. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.95. The company has a market cap of €11.91 billion and a price-to-earnings ratio of 66.19. The company has a 50-day moving average of €21.46 and a 200-day moving average of €20.27.
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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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