ThyssenKrupp AG (FRA:TKA) PT Set at €27.00 by Independent Research GmbH

ThyssenKrupp AG (FRA:TKA) received a €27.00 ($31.76) price target from research analysts at Independent Research GmbH in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.

TKA has been the subject of several other reports. Royal Bank Of Canada set a €27.00 ($31.76) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Wednesday, April 12th. Berenberg Bank set a €28.50 ($33.53) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, May 5th. Jefferies Group LLC set a €32.00 ($37.65) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Barclays PLC set a €21.00 ($24.71) target price on ThyssenKrupp AG and gave the stock a “neutral” rating in a research report on Tuesday, April 18th. Finally, Nord/LB set a €30.00 ($35.29) target price on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, June 30th. 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 company. The stock has an average rating of “Hold” and a consensus target price of €26.20 ($30.83).

Shares of ThyssenKrupp AG (FRA TKA) opened at 25.728 on Thursday. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01. The company’s 50-day moving average price is €25.79 and its 200-day moving average price is €23.75. The stock’s market cap is €14.56 billion.

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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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