ThyssenKrupp AG (TKA) PT Set at €30.00 by Societe Generale
Societe Generale set a €30.00 ($35.71) price objective on ThyssenKrupp AG (FRA:TKA) in a research report released on Wednesday. The firm currently has a buy rating on the basic materials company’s stock.
Several other research firms have also recently commented on TKA. Barclays PLC set a €21.00 ($25.00) target price on ThyssenKrupp AG and gave the stock a neutral rating in a research note on Friday, July 14th. Independent Research GmbH set a €27.00 ($32.14) target price on ThyssenKrupp AG and gave the stock a neutral rating in a research note on Thursday, July 13th. Baader Bank set a €25.00 ($29.76) target price on ThyssenKrupp AG and gave the stock a neutral rating in a research note on Wednesday, July 12th. Deutsche Bank AG set a €30.00 ($35.71) target price on ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday, July 6th. Finally, DZ Bank AG reaffirmed a buy rating on shares of ThyssenKrupp AG in a research note on Tuesday, July 4th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. ThyssenKrupp AG presently has a consensus rating of Hold and a consensus price target of €27.80 ($33.09).
ThyssenKrupp AG (FRA TKA) opened at 25.085 on Wednesday. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01. The firm’s market capitalization is €14.20 billion. The company has a 50 day moving average price of €25.55 and a 200 day moving average price of €24.14.
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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.
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