Warburg Research Analysts Give ThyssenKrupp AG (TKA) a €24.00 Price Target
ThyssenKrupp AG (FRA:TKA) has been assigned a €24.00 ($26.67) target price by Warburg Research in a note issued to investors on Friday. The firm currently has a a “buy” rating on the stock.
Several other equities research analysts have also recently commented on the stock. Deutsche Bank AG reiterated a “buy” rating and issued a price target on shares of ThyssenKrupp AG in a research report on Wednesday, August 17th. Morgan Stanley set a €23.50 ($26.11) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Wednesday, June 29th. Commerzbank AG set a €26.00 ($28.89) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, July 28th. JPMorgan Chase & Co. set a €22.20 ($24.67) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a report on Tuesday, September 27th. Finally, Kepler Capital Markets set a €19.00 ($21.11) price objective on ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Tuesday, July 5th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of €23.05 ($25.61).
ThyssenKrupp AG (FRA:TKA) traded up 2.26% on Friday, reaching €22.08. 3,043 shares of the company traded hands. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.64. The firm has a 50 day moving average price of €21.26 and a 200 day moving average price of €19.89. The stock has a market capitalization of €12.50 billion and a price-to-earnings ratio of 69.43.
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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