Kepler Capital Markets set a €26.00 ($30.23) price objective on ThyssenKrupp AG (FRA:TKA) in a report published on Friday morning. The firm currently has a neutral rating on the basic materials company’s stock.
A number of other research analysts have also recently issued reports on the company. Barclays PLC set a €21.00 ($24.42) price objective on ThyssenKrupp AG and gave the company a neutral rating in a report on Tuesday, April 18th. Jefferies Group LLC set a €30.00 ($34.88) price objective on ThyssenKrupp AG and gave the company a buy rating in a report on Wednesday, April 12th. Nord/LB set a €30.00 ($34.88) price objective on ThyssenKrupp AG and gave the company a buy rating in a report on Friday, June 30th. Deutsche Bank AG reissued a buy rating and set a price objective on shares of ThyssenKrupp AG in a report on Wednesday, May 24th. Finally, Royal Bank Of Canada set a €27.00 ($31.40) price objective on ThyssenKrupp AG and gave the company a buy rating in a report on Wednesday, April 12th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €25.83 ($30.04).
ThyssenKrupp AG (FRA:TKA) opened at 25.715 on Friday. The company’s market cap is €14.55 billion. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01. The stock’s 50 day moving average is €25.14 and its 200 day moving average is €23.55.
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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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