Barclays PLC Reiterates “€21.00” Price Target for ThyssenKrupp AG (TKA)
Barclays PLC set a €21.00 ($24.71) target price on ThyssenKrupp AG (FRA:TKA) in a research report sent to investors on Tuesday morning. The brokerage currently has a sell rating on the basic materials company’s stock.
TKA has been the topic of several other reports. Independent Research GmbH set a €26.00 ($30.59) price target on shares of ThyssenKrupp AG and gave the company a neutral rating in a research note on Friday, June 23rd. Deutsche Bank AG set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Thursday, September 21st. Baader Bank set a €25.00 ($29.41) price target on shares of ThyssenKrupp AG and gave the company a neutral rating in a research note on Tuesday, September 26th. Macquarie set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Monday, June 19th. Finally, Nord/LB set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Friday, June 30th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €27.78 ($32.68).
ThyssenKrupp AG (FRA TKA) opened at 24.02 on Tuesday. The firm’s 50-day moving average is €25.30 and its 200 day moving average is €24.27. The firm’s market capitalization is €13.59 billion. 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.
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