Commerzbank Ag set a €29.00 ($33.33) price objective on ThyssenKrupp AG (FRA:TKA) in a research report released on Friday. The firm currently has a buy rating on the basic materials company’s stock.

Other equities research analysts have also recently issued reports about the stock. Royal Bank Of Canada set a €27.00 ($31.03) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Tuesday, April 18th. Jefferies Group LLC set a €30.00 ($34.48) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Wednesday, April 12th. Credit Suisse Group set a €30.00 ($34.48) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Tuesday, April 11th. Berenberg Bank set a €28.50 ($32.76) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Friday, May 5th. Finally, Macquarie set a €30.00 ($34.48) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Tuesday, May 2nd. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €25.35 ($29.14).

ThyssenKrupp AG (FRA:TKA) traded down 0.835% during trading on Friday, hitting €26.479. The stock had a trading volume of 4,003 shares. ThyssenKrupp AG has a 12-month low of €16.61 and a 12-month high of €26.64. The stock has a 50 day moving average price of €23.69 and a 200 day moving average price of €23.17. The company’s market capitalization is €14.99 billion.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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