ThyssenKrupp AG (FRA:TKA) has been assigned a €30.00 ($35.29) target price by equities researchers at Deutsche Bank AG in a report released on Friday. The brokerage presently has a “buy” rating on the basic materials company’s stock.

A number of other brokerages have also recently weighed in on TKA. Royal Bank Of Canada set a €27.00 ($31.76) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, May 12th. Barclays PLC set a €21.00 ($24.71) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Friday, May 12th. UBS AG set a €18.00 ($21.18) target price on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a report on Friday, May 12th. Societe Generale set a €26.70 ($31.41) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, May 11th. Finally, HSBC Holdings plc set a €25.00 ($29.41) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, May 11th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of €26.20 ($30.83).

ThyssenKrupp AG (FRA TKA) opened at 25.259 on Friday. The firm’s 50-day moving average is €25.73 and its 200 day moving average is €23.73. The stock’s market capitalization is €14.30 billion. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01.

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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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