ThyssenKrupp AG (TKA) PT Set at €29.00 by Commerzbank Ag

Commerzbank Ag set a €29.00 ($31.87) price objective on ThyssenKrupp AG (FRA:TKA) in a research report released on Friday. The firm currently has a buy rating on the basic materials company’s stock.

Several other research firms also recently issued reports on TKA. Goldman Sachs Group Inc set a €22.00 ($24.18) price objective on shares of ThyssenKrupp AG and gave the company a sell rating in a report on Thursday, February 2nd. Baader Bank set a €25.00 ($27.47) price objective on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Wednesday, February 22nd. Berenberg Bank set a €28.70 ($31.54) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Monday, February 13th. Morgan Stanley set a €24.10 ($26.48) price objective on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Tuesday, March 14th. Finally, DZ Bank AG restated a buy rating on shares of ThyssenKrupp AG in a report on Thursday, February 9th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of €25.37 ($27.88).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) opened at 23.10 on Friday. The company has a market capitalization of €13.07 billion and a price-to-earnings ratio of 39.97. The firm’s 50-day moving average is €22.28 and its 200-day moving average is €22.63. ThyssenKrupp AG has a 1-year low of €16.61 and a 1-year high of €24.65.

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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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