Independent Research GmbH Analysts Give ThyssenKrupp AG (TKA) a €27.00 Price Target

Independent Research GmbH set a €27.00 ($31.03) target price on ThyssenKrupp AG (FRA:TKA) in a research note issued to investors on Thursday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

A number of other research analysts also recently issued reports on TKA. UBS AG set a €18.00 ($20.69) price objective on ThyssenKrupp AG and gave the company a sell rating in a research note on Friday, May 12th. Royal Bank Of Canada set a €27.00 ($31.03) price target on ThyssenKrupp AG and gave the stock a buy rating in a research note on Friday, May 12th. Baader Bank set a €25.00 ($28.74) price target on ThyssenKrupp AG and gave the stock a neutral rating in a research note on Monday, May 29th. Warburg Research set a €23.00 ($26.44) price target on ThyssenKrupp AG and gave the stock a neutral rating in a research note on Monday, May 29th. Finally, S&P Global set a €20.00 ($22.99) price target on ThyssenKrupp AG and gave the stock a sell rating in a research note on Monday, May 29th. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €25.27 ($29.05).

ThyssenKrupp AG (FRA TKA) opened at 26.57 on Thursday. The firm has a 50-day moving average price of €23.69 and a 200 day moving average price of €23.17. The firm’s market cap is €15.04 billion. ThyssenKrupp AG has a 1-year low of €16.61 and a 1-year high of €26.59.

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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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