Commerzbank Ag set a €29.00 ($34.12) price objective on ThyssenKrupp AG (FRA:TKA) in a research report sent to investors on Wednesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.
A number of other research analysts also recently commented on TKA. Kepler Capital Markets set a €22.00 ($25.88) price objective on shares of ThyssenKrupp AG and gave the company a sell rating in a research report on Tuesday, April 4th. Credit Suisse Group set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Tuesday, April 11th. Jefferies Group LLC set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Wednesday, April 12th. Royal Bank Of Canada set a €27.00 ($31.76) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Wednesday, April 12th. Finally, Barclays PLC set a €21.00 ($24.71) price objective on shares of ThyssenKrupp AG and gave the company a neutral rating in a research report on Tuesday, April 18th. Four 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. ThyssenKrupp AG presently has an average rating of Hold and an average price target of €25.98 ($30.57).
ThyssenKrupp AG (FRA TKA) opened at 25.376 on Wednesday. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01. The stock has a 50 day moving average of €25.44 and a 200-day moving average of €23.66. The stock’s market cap is €14.36 billion.
ILLEGAL ACTIVITY WARNING: This story was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The original version of this story can be read at https://stocknewstimes.com/2017/08/06/thyssenkrupp-ag-fratka-given-a-29-00-price-target-by-commerzbank-ag-analysts.html.
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.
Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with MarketBeat.com's FREE daily email newsletter.
