ThyssenKrupp AG (FRA:TKA) has been given a €30.00 ($35.29) price objective by Nord/LB in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the basic materials company’s stock.

TKA has been the topic of several other reports. Berenberg Bank set a €28.50 ($33.53) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, May 5th. Independent Research GmbH set a €26.00 ($30.59) target price on ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Friday, June 23rd. Jefferies Group LLC set a €32.00 ($37.65) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Tuesday, July 18th. Credit Suisse Group set a €34.30 ($40.35) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, Royal Bank Of Canada set a €26.00 ($30.59) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, May 26th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the company. ThyssenKrupp AG presently has an average rating of “Hold” and a consensus price target of €26.20 ($30.83).

Shares of ThyssenKrupp AG (FRA:TKA) opened at 25.35 on Monday. The company’s 50-day moving average price is €25.88 and its 200-day moving average price is €23.82. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01. The stock’s market cap is €14.35 billion.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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