Goldman Sachs Group Inc. set a €20.00 ($21.05) price target on ThyssenKrupp AG (FRA:TKA) in a report released on Friday morning. The firm currently has a neutral rating on the stock.

Several other equities analysts have also recently weighed in on TKA. Commerzbank AG set a €26.00 ($27.37) price objective on ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, July 28th. BNP Paribas set a €21.00 ($22.11) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Thursday, July 28th. Berenberg Bank set a €29.00 ($30.53) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Wednesday, August 3rd. Baader Bank set a €25.00 ($26.32) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research note on Thursday, August 11th. Finally, S&P Global Inc. set a €17.00 ($17.89) target price on shares of ThyssenKrupp AG and gave the company a sell rating in a research note on Thursday, August 11th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the stock. ThyssenKrupp AG currently has a consensus rating of Buy and an average price target of €23.49 ($24.72).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.11 on Friday. The company has a market capitalization of €11.95 billion and a price-to-earnings ratio of 40.36. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.95. The stock has a 50 day moving average price of €21.44 and a 200 day moving average price of €20.31.

COPYRIGHT VIOLATION WARNING: “Goldman Sachs Group Inc. Reiterates €20.00 Price Target for ThyssenKrupp AG (TKA)” was reported by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this story can be viewed at http://www.dailypolitical.com/2016/11/30/goldman-sachs-group-inc-reiterates-20-00-price-target-for-thyssenkrupp-ag-tka.html.

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.

Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with MarketBeat.com's FREE daily email newsletter.