Royal Bank Of Canada Analysts Give ThyssenKrupp AG (TKA) a €27.00 Price Target

ThyssenKrupp AG (FRA:TKA) has been assigned a €27.00 ($30.34) price objective by stock analysts at Royal Bank Of Canada in a note issued to investors on Friday, May 12th. The brokerage currently has a “buy” rating on the basic materials company’s stock.

TKA has been the subject of a number of other reports. Berenberg Bank set a €28.50 ($32.02) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Friday, May 5th. Deutsche Bank AG set a €30.00 ($33.71) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Monday, May 8th. Barclays PLC set a €21.00 ($23.60) target price on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research note on Tuesday, April 18th. Societe Generale set a €26.70 ($30.00) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Thursday, May 11th. Finally, Commerzbank Ag set a €26.00 ($29.21) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, January 27th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €25.49 ($28.64).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) traded up 1.037% during trading on Friday, reaching €23.585. 2,044 shares of the company’s stock traded hands. The company’s market capitalization is €13.35 billion. The stock has a 50-day moving average of €23.01 and a 200-day moving average of €22.99. 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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