ThyssenKrupp AG (TKA) Given a €26.00 Price Target at Kepler Capital Markets
Kepler Capital Markets set a €26.00 ($30.59) price objective on ThyssenKrupp AG (FRA:TKA) in a research note released on Thursday. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other equities research analysts have also commented on the stock. Nord/LB set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Friday, June 30th. HSBC Holdings plc set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Thursday, July 20th. Deutsche Bank AG reaffirmed a buy rating and issued a price objective on shares of ThyssenKrupp AG in a research note on Wednesday, May 24th. Berenberg Bank set a €28.50 ($33.53) target price on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Friday, May 12th. Finally, DZ Bank AG reissued a buy rating on shares of ThyssenKrupp AG in a research note on Tuesday, July 4th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the stock. ThyssenKrupp AG has an average rating of Hold and a consensus price target of €26.20 ($30.83).
ThyssenKrupp AG (TKA) traded up 0.069% during mid-day trading on Thursday, hitting €26.135. 3,240 shares of the stock traded hands. The stock’s market capitalization is €14.79 billion. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01. The company has a 50 day moving average price of €25.87 and a 200-day moving average price of €23.80.
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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