ThyssenKrupp AG (FRA:TKA) has been assigned a €21.00 ($23.60) price objective by stock analysts at Barclays PLC in a note issued to investors on Friday, May 12th. The brokerage currently has a “neutral” rating on the basic materials company’s stock.
Other research analysts have also recently issued research reports about the company. Jefferies Group LLC set a €30.00 ($33.71) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Wednesday, April 12th. Societe Generale set a €26.70 ($30.00) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, May 11th. Baader Bank set a €25.00 ($28.09) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Friday, May 12th. Macquarie set a €30.00 ($33.71) price target on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Tuesday, May 2nd. Finally, Independent Research GmbH set a €25.00 ($28.09) price target on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Friday, May 12th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €25.49 ($28.64).
ThyssenKrupp AG (FRA:TKA) traded up 1.037% during mid-day trading on Friday, reaching €23.585. 2,044 shares of the company traded hands. The stock has a 50-day moving average of €23.01 and a 200 day moving average of €22.99. The stock’s market capitalization is €13.35 billion. ThyssenKrupp AG has a 52-week low of €16.61 and a 52-week high of €24.65.
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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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