ThyssenKrupp AG (TKA) PT Set at €28.00 by Independent Research GmbH
ThyssenKrupp AG (FRA:TKA) has been given a €28.00 ($33.33) price objective by equities research analysts at Independent Research GmbH in a research report issued to clients and investors on Tuesday. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
Other equities research analysts have also issued research reports about the stock. S&P Global set a €20.00 ($23.81) price target on shares of ThyssenKrupp AG and gave the company a “sell” rating in a research note on Monday, May 29th. UBS AG set a €18.00 ($21.43) price objective on shares of ThyssenKrupp AG and gave the company a “sell” rating in a research note on Monday, May 29th. Kepler Capital Markets set a €26.00 ($30.95) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Friday, July 21st. Royal Bank Of Canada set a €29.00 ($34.52) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Monday, July 24th. Finally, Berenberg Bank set a €28.50 ($33.93) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, August 10th. 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. The company has a consensus rating of “Hold” and an average price target of €27.80 ($33.09).
Shares of ThyssenKrupp AG (TKA) opened at 25.065 on Tuesday. The stock’s market cap is €14.19 billion. The stock’s 50 day moving average price is €25.55 and its 200 day moving average price is €24.14. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01.
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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.
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