ThyssenKrupp AG (TKA) Given a €29.00 Price Target by Commerzbank Ag Analysts

ThyssenKrupp AG (FRA:TKA) has been assigned a €29.00 ($32.58) price target by investment analysts at Commerzbank Ag in a report issued on Friday, May 12th. The firm presently has a “buy” rating on the basic materials company’s stock.

Several other brokerages have also commented on TKA. Baader Bank set a €25.00 ($28.09) price target on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Thursday, February 2nd. Goldman Sachs Group, Inc. (The) set a €22.00 ($24.72) target price on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a research note on Thursday, February 2nd. Jefferies Group LLC set a €30.00 ($33.71) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Tuesday, January 31st. Royal Bank Of Canada set a €27.00 ($30.34) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Tuesday, January 31st. Finally, J P Morgan Chase & Co reiterated a “neutral” rating on shares of ThyssenKrupp AG in a research note on Tuesday, January 31st. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €25.49 ($28.64).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) traded up 1.037% on Friday, reaching €23.585. 2,044 shares of the company’s stock traded hands. ThyssenKrupp AG has a 52-week low of €16.61 and a 52-week high of €24.65. The stock’s market cap is €13.35 billion. The firm’s 50-day moving average is €23.01 and its 200-day moving average is €22.99.

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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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