Commerzbank Ag set a €29.00 ($34.52) target price on ThyssenKrupp AG (FRA:TKA) in a report released on Thursday. The brokerage currently has a buy rating on the basic materials company’s stock.

TKA has been the subject of a number of other research reports. Barclays PLC set a €21.00 ($25.00) price objective on ThyssenKrupp AG and gave the company a neutral rating in a research report on Saturday, May 20th. UBS AG set a €18.00 ($21.43) price objective on ThyssenKrupp AG and gave the company a sell rating in a research report on Monday, May 29th. Independent Research GmbH set a €26.00 ($30.95) price objective on ThyssenKrupp AG and gave the company a neutral rating in a research report on Friday, June 23rd. S&P Global set a €20.00 ($23.81) price objective on ThyssenKrupp AG and gave the company a sell rating in a research report on Saturday, May 20th. Finally, Macquarie set a €30.00 ($35.71) price objective on ThyssenKrupp AG and gave the company a buy rating in a research report on Friday, May 26th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €26.74 ($31.84).

ThyssenKrupp AG (FRA:TKA) opened at 25.933 on Thursday. The company’s 50-day moving average price is €25.56 and its 200 day moving average price is €24.10. The firm’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.

COPYRIGHT VIOLATION WARNING: This story was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another publication, it was stolen and republished in violation of United States and international trademark & copyright laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/09/17/commerzbank-ag-analysts-give-thyssenkrupp-ag-tka-a-29-00-price-target.html.

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)

Receive News & Stock Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related stocks with our FREE daily email newsletter.