ThyssenKrupp AG (TKA) Given a €29.00 Price Target at Independent Research GmbH
Independent Research GmbH set a €29.00 ($34.52) price target on ThyssenKrupp AG (FRA:TKA) in a research note issued to investors on Wednesday. The firm currently has a neutral rating on the basic materials company’s stock.
A number of other research firms also recently commented on TKA. Bank of America Corporation set a €26.00 ($30.95) price target on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research report on Tuesday, June 6th. S&P Global set a €20.00 ($23.81) price target on shares of ThyssenKrupp AG and gave the stock a sell rating in a research report on Monday, May 29th. Warburg Research set a €23.00 ($27.38) price target on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research report on Monday, May 29th. Baader Bank set a €25.00 ($29.76) price target on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research report on Monday, May 29th. Finally, DZ Bank AG restated a buy rating on shares of ThyssenKrupp AG in a research report on Monday, May 29th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of €27.45 ($32.68).
Shares of ThyssenKrupp AG (TKA) traded down 3.88% on Wednesday, reaching €24.98. 8,809 shares of the company’s stock traded hands. The company has a 50 day moving average price of €25.55 and a 200 day moving average price of €24.14. The firm’s market capitalization is €14.14 billion. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01.
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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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