ThyssenKrupp AG (TKA) Given a €26.70 Price Target at Societe Generale
Other research analysts also recently issued research reports about the stock. Baader Bank set a €25.00 ($26.32) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday, August 11th. Commerzbank AG set a €26.00 ($27.37) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday, August 11th. Berenberg Bank set a €29.00 ($30.53) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday, August 11th. Deutsche Bank AG reiterated a buy rating and set a target price on shares of ThyssenKrupp AG in a research report on Wednesday, August 17th. Finally, Nord/LB set a €26.00 ($27.37) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Friday, August 12th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of €23.49 ($24.72).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.182 on Tuesday. The firm has a 50-day moving average of €21.44 and a 200-day moving average of €20.31. The firm has a market cap of €11.99 billion and a PE ratio of 40.501. ThyssenKrupp AG has a 52 week low of €12.62 and a 52 week high of €22.95.
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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.
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