ThyssenKrupp AG (TKA) PT Set at €26.00 by Jefferies Group
ThyssenKrupp AG (FRA:TKA) has been given a €26.00 ($27.37) price target by analysts at Jefferies Group in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock.
Several other research analysts also recently issued reports 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 ($23.37) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Tuesday, September 27th. Barclays PLC set a €18.50 ($19.47) target price on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Friday, October 21st. Commerzbank AG set a €26.00 ($27.37) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, November 11th. Finally, Morgan Stanley set a €24.20 ($25.47) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Monday, September 26th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the stock. ThyssenKrupp AG has an average rating of “Buy” and an average price target of €23.49 ($24.73).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 20.932 on Friday. The firm has a market cap of €11.85 billion and a PE ratio of 65.824. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.95. The stock’s 50 day moving average is €21.44 and its 200 day moving average is €20.31.
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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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