ThyssenKrupp AG (TKA) PT Set at €29.00 by Royal Bank Of Canada

Royal Bank Of Canada set a €29.00 ($34.12) price target on ThyssenKrupp AG (FRA:TKA) in a report released on Tuesday. The brokerage currently has a buy rating on the basic materials company’s stock.

Other analysts also recently issued research reports about the company. Commerzbank Ag set a €29.00 ($34.12) price target on ThyssenKrupp AG and gave the company a buy rating in a research report on Friday, May 12th. Societe Generale set a €26.70 ($31.41) price target on ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday, May 11th. HSBC Holdings plc set a €25.00 ($29.41) price target on ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday, May 11th. Deutsche Bank AG set a €30.00 ($35.29) price target on ThyssenKrupp AG and gave the company a buy rating in a research report on Monday, May 8th. Finally, Berenberg Bank set a €28.50 ($33.53) price target on ThyssenKrupp AG and gave the company a buy rating in a research report on Friday, May 5th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company’s stock. ThyssenKrupp AG has a consensus rating of Hold and a consensus target price of €26.20 ($30.83).

ThyssenKrupp AG (TKA) opened at 26.286 on Tuesday. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01. The stock has a 50 day moving average price of €25.82 and a 200 day moving average price of €23.77. The firm’s market cap is €14.88 billion.

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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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