ThyssenKrupp AG (TKA) PT Set at €29.00 by Commerzbank Ag
ThyssenKrupp AG (FRA:TKA) received a €29.00 ($34.12) price objective from Commerzbank Ag in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
A number of other equities research analysts also recently issued reports on the company. Baader Bank set a €25.00 ($29.41) price target on ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Thursday. Berenberg Bank set a €28.50 ($33.53) price target on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday. Credit Suisse Group set a €34.30 ($40.35) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Wednesday. Deutsche Bank AG set a €30.00 ($35.29) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Finally, J P Morgan Chase & Co set a €28.00 ($32.94) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Tuesday, July 25th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €25.98 ($30.57).
ThyssenKrupp AG (FRA TKA) opened at 25.648 on Thursday. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01. The stock’s market capitalization is €14.52 billion. The company’s 50-day moving average price is €25.68 and its 200-day moving average price is €23.72.
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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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