ThyssenKrupp AG (TKA) Given a €33.00 Price Target at Credit Suisse Group AG
Credit Suisse Group AG set a €33.00 ($37.08) target price on ThyssenKrupp AG (FRA:TKA) in a report issued on Thursday morning. The firm currently has a buy rating on the basic materials company’s stock.
TKA has been the topic of a number of other reports. Barclays PLC set a €21.00 ($23.60) price target on ThyssenKrupp AG and gave the stock a neutral rating in a research note on Tuesday, February 28th. Royal Bank of Canada set a €27.00 ($30.34) price target on ThyssenKrupp AG and gave the stock a buy rating in a research note on Wednesday, April 12th. DZ Bank AG reaffirmed a buy rating on shares of ThyssenKrupp AG in a research note on Friday, February 24th. Commerzbank Ag set a €26.00 ($29.21) price target on ThyssenKrupp AG and gave the stock a buy rating in a research note on Wednesday, February 22nd. Finally, Jefferies Group LLC set a €30.00 ($33.71) price target on ThyssenKrupp AG and gave the stock a buy rating in a research note on Friday, March 17th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. ThyssenKrupp AG has a consensus rating of Hold and an average target price of €25.49 ($28.64).
Shares of ThyssenKrupp AG (FRA TKA) traded up 2.31% during mid-day trading on Thursday, reaching €24.35. The company’s stock had a trading volume of 21,610 shares. The firm has a 50 day moving average price of €22.71 and a 200 day moving average price of €22.90. ThyssenKrupp AG has a 52-week low of €16.61 and a 52-week high of €24.65. The firm’s market cap is €13.78 billion.
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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