ThyssenKrupp AG’s (TKA) Buy Rating Reaffirmed at DZ Bank AG
Several other research analysts have also recently commented on TKA. Commerzbank AG set a €26.00 ($27.37) target price on ThyssenKrupp AG and gave the stock a buy rating in a research report on Thursday, July 28th. BNP Paribas set a €21.00 ($22.11) price objective on ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday, July 28th. Berenberg Bank set a €29.00 ($30.53) price objective on ThyssenKrupp AG and gave the stock a buy rating in a research note on Wednesday, August 3rd. Baader Bank set a €25.00 ($26.32) price objective on ThyssenKrupp AG and gave the stock a buy rating in a research note on Thursday, August 11th. Finally, S&P Global Inc. set a €17.00 ($17.89) price objective on ThyssenKrupp AG and gave the stock a sell rating in a research note on Thursday, August 11th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of €23.49 ($24.72).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.42 on Friday. The firm has a market capitalization of €12.12 billion and a P/E ratio of 40.96. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.95. The firm has a 50-day moving average of €21.44 and a 200-day moving average of €20.31.
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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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