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

Royal Bank Of Canada set a €29.00 ($34.12) target price on ThyssenKrupp AG (FRA:TKA) in a research note issued to investors on Monday, July 24th. The brokerage currently has a buy rating on the basic materials company’s stock.

Other research analysts have also recently issued reports about the stock. Jefferies Group LLC set a €30.00 ($35.29) target price on shares of ThyssenKrupp AG and gave the stock a buy rating in a report on Wednesday, April 12th. Societe Generale set a €26.70 ($31.41) target price on shares of ThyssenKrupp AG and gave the stock a buy rating in a report on Thursday, May 11th. UBS AG set a €18.00 ($21.18) price target on shares of ThyssenKrupp AG and gave the company a sell rating in a research report on Friday, May 12th. Baader Bank set a €25.00 ($29.41) price target on shares of ThyssenKrupp AG and gave the company a neutral rating in a research report on Friday, May 12th. Finally, S&P Global set a €20.00 ($23.53) price target on shares of ThyssenKrupp AG and gave the company a sell rating in a research report on Monday, May 29th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of €26.20 ($30.83).

ThyssenKrupp AG (FRA TKA) traded up 0.069% during midday trading on Monday, hitting €26.135. 3,240 shares of the stock traded hands. The company’s market cap is €14.79 billion. The firm’s 50-day moving average is €25.88 and its 200-day moving average is €23.82. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week 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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