ThyssenKrupp AG (FRA:TKA) received a €24.60 ($28.94) price target from stock analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the basic materials company’s stock.

A number of other brokerages have also issued reports on TKA. Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, May 12th. Independent Research GmbH set a €25.00 ($29.41) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Friday, May 12th. Royal Bank Of Canada set a €27.00 ($31.76) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, May 12th. Barclays PLC set a €21.00 ($24.71) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a research note on Friday, May 12th. Finally, UBS AG set a €18.00 ($21.18) price target on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a research note on Friday, May 12th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of €26.58 ($31.28).

ThyssenKrupp AG (FRA TKA) traded up 1.129% during trading on Wednesday, reaching €25.352. The company had a trading volume of 3,500 shares. The firm’s market capitalization is €14.35 billion. The stock has a 50 day moving average price of €25.82 and a 200 day moving average price of €23.88. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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