ThyssenKrupp AG (TKA) Given a €32.00 Price Target at Royal Bank Of Canada

Royal Bank Of Canada set a €32.00 ($37.65) target price on ThyssenKrupp AG (FRA:TKA) in a report released on Friday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other analysts also recently issued reports on TKA. HSBC Holdings plc set a €27.00 ($31.76) target price on ThyssenKrupp AG and gave the company a buy rating in a research note on Wednesday. Commerzbank Ag set a €32.00 ($37.65) target price on ThyssenKrupp AG and gave the company a buy rating in a research note on Friday, October 27th. UBS AG set a €25.00 ($29.41) target price on ThyssenKrupp AG and gave the company a neutral rating in a research note on Friday, October 20th. Barclays PLC set a €21.00 ($24.71) target price on ThyssenKrupp AG and gave the company a sell rating in a research note on Tuesday, October 17th. Finally, Kepler Capital Markets set a €21.00 ($24.71) price objective on ThyssenKrupp AG and gave the stock a sell rating in a research note on Friday, October 13th. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. ThyssenKrupp AG presently has a consensus rating of Hold and an average target price of €27.45 ($32.29).

ThyssenKrupp AG (FRA TKA) traded down €0.15 ($0.18) during midday trading on Friday, hitting €23.35 ($27.47). The stock had a trading volume of 11,859 shares. ThyssenKrupp AG has a 1 year low of €19.40 ($22.82) and a 1 year high of €27.01 ($31.78).

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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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