ThyssenKrupp AG (FRA:TKA) has been assigned a €20.50 ($24.40) price objective by investment analysts at UBS AG in a report issued on Wednesday. The brokerage currently has a “sell” rating on the basic materials company’s stock.

Other equities analysts have also issued research reports about the stock. Barclays PLC set a €21.00 ($25.00) price target on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Saturday, May 20th. Independent Research GmbH set a €26.00 ($30.95) price target on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Friday, June 23rd. S&P Global set a €20.00 ($23.81) price target on shares of ThyssenKrupp AG and gave the company a “sell” rating in a report on Saturday, May 20th. Macquarie set a €30.00 ($35.71) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, May 26th. Finally, Nord/LB set a €30.00 ($35.71) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, June 30th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of €26.74 ($31.84).

Shares of ThyssenKrupp AG (FRA:TKA) opened at 25.972 on Wednesday. The firm has a 50-day moving average price of €25.57 and a 200-day moving average price of €24.09. The stock’s market cap is €14.70 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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