ThyssenKrupp AG (TKA) Given a €28.50 Price Target at Berenberg Bank

Berenberg Bank set a €28.50 ($33.53) target price on ThyssenKrupp AG (FRA:TKA) in a report released on Monday, July 17th. The firm currently has a buy rating on the basic materials company’s stock.

TKA has been the topic of several other reports. Barclays PLC set a €21.00 ($24.71) price target on ThyssenKrupp AG and gave the company a neutral rating in a research report on Saturday, May 20th. UBS AG set a €18.00 ($21.18) price target on ThyssenKrupp AG and gave the company a sell rating in a research report on Monday, May 29th. Independent Research GmbH set a €26.00 ($30.59) price objective on ThyssenKrupp AG and gave the stock a neutral rating in a research note on Friday, June 23rd. Deutsche Bank AG set a €30.00 ($35.29) price objective on ThyssenKrupp AG and gave the stock a buy rating in a research note on Monday, May 8th. Finally, S&P Global set a €20.00 ($23.53) price objective on ThyssenKrupp AG and gave the stock a sell rating in a research note on Saturday, May 20th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. ThyssenKrupp AG currently has a consensus rating of Hold and an average price target of €26.20 ($30.83).

ThyssenKrupp AG (FRA TKA) traded up 0.023% during trading on Monday, hitting €25.728. 25,138 shares of the stock traded hands. The company’s 50 day moving average price is €25.73 and its 200 day moving average price is €23.73. The company’s market cap is €14.56 billion. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01.

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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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