UBS AG set a €20.50 ($24.40) price target on ThyssenKrupp AG (FRA:TKA) in a research report report published on Wednesday, www.boersen-zeitung.de reports. The firm currently has a sell rating on the basic materials company’s stock.

A number of other analysts have also issued reports on the stock. Royal Bank Of Canada set a €29.00 ($34.52) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Wednesday. Baader Bank set a €25.00 ($29.76) price target on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research note on Tuesday. Barclays PLC set a €21.00 ($25.00) price target on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research note on Tuesday. Deutsche Bank AG set a €30.00 ($35.71) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Friday, September 8th. Finally, Berenberg Bank set a €32.50 ($38.69) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday, August 31st. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €26.74 ($31.84).

ThyssenKrupp AG (FRA:TKA) opened at 25.933 on Wednesday. The firm’s 50-day moving average is €25.56 and its 200 day moving average is €24.10. The company’s market capitalization is €14.68 billion. ThyssenKrupp AG has a one year low of €19.40 and a one year 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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