ThyssenKrupp AG (FRA:TKA) has been assigned a €22.20 ($24.67) target price by equities researchers at JPMorgan Chase & Co. in a report released on Tuesday. The firm currently has a a “buy” rating on the stock.
TKA has been the topic of a number of other reports. Deutsche Bank AG restated a “buy” rating and issued a price target on shares of ThyssenKrupp AG in a research report on Wednesday, August 17th. S&P Global Inc. set a €17.00 ($18.89) price target on shares of ThyssenKrupp AG and gave the stock a “sell” rating in a research report on Thursday, August 11th. RBC Capital Markets set a €25.00 ($27.78) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, August 19th. Societe Generale set a €26.73 ($29.70) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, August 25th. Finally, Berenberg Bank set a €29.00 ($32.22) price target on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Thursday, August 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the stock. ThyssenKrupp AG presently has an average rating of “Buy” and a consensus price target of €22.77 ($25.29).
ThyssenKrupp AG (FRA:TKA) traded down 1.287% during trading on Tuesday, hitting €20.788. 1,897 shares of the company’s stock traded hands. ThyssenKrupp AG has a 12-month low of €12.62 and a 12-month high of €22.36. The firm’s 50-day moving average price is €21.17 and its 200 day moving average price is €19.51. The stock has a market cap of €11.76 billion and a P/E ratio of 65.371.
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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