ThyssenKrupp AG (TKA) PT Set at €32.00 by Commerzbank Ag
ThyssenKrupp AG (FRA:TKA) received a €32.00 ($37.65) price objective from stock analysts at Commerzbank Ag in a research note issued to investors on Monday. The brokerage presently has a “buy” rating on the basic materials company’s stock.
A number of other research firms also recently weighed in on TKA. Jefferies Group LLC set a €32.00 ($37.65) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Tuesday, July 18th. Berenberg Bank set a €28.50 ($33.53) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, July 17th. Barclays PLC set a €21.00 ($24.71) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Friday, July 14th. Independent Research GmbH set a €27.00 ($31.76) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Thursday, July 13th. Finally, Baader Bank set a €25.00 ($29.41) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Wednesday, July 12th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company’s stock. ThyssenKrupp AG currently has a consensus rating of “Hold” and a consensus target price of €27.78 ($32.68).
ThyssenKrupp AG (FRA:TKA) opened at 23.225 on Monday. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01. The firm’s market capitalization is €13.14 billion. The company’s 50-day moving average is €25.14 and its 200 day moving average is €24.30.
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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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