ThyssenKrupp AG (TKA) PT Set at €29.00 by Commerzbank Ag

ThyssenKrupp AG (FRA:TKA) has been assigned a €29.00 ($34.12) target price by stock analysts at Commerzbank Ag in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the basic materials company’s stock.

A number of other brokerages have also commented on TKA. UBS AG set a €18.00 ($21.18) target price on ThyssenKrupp AG and gave the company a “sell” rating in a research report on Friday, May 12th. Societe Generale set a €26.70 ($31.41) target price 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) target price 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) target price 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) target price on ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, May 5th. 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. ThyssenKrupp AG currently has an average rating of “Hold” and an average price target of €25.98 ($30.57).

ThyssenKrupp AG (FRA TKA) opened at 25.648 on Thursday. The company’s market cap is €14.52 billion. The stock has a 50 day moving average of €25.68 and a 200 day moving average of €23.72. ThyssenKrupp AG has a 52 week low of €19.40 and a 52 week high of €27.01.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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