UBS AG set a €20.50 ($24.40) target price on ThyssenKrupp AG (FRA:TKA) in a research report sent to investors on Wednesday, www.boersen-zeitung.de reports. The firm currently has a sell rating on the basic materials company’s stock.
Several other equities research analysts have also issued reports on the stock. Royal Bank Of Canada set a €29.00 ($34.52) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Wednesday. Baader Bank set a €25.00 ($29.76) price objective on shares of ThyssenKrupp AG and gave the stock a neutral rating in a report on Tuesday, September 12th. Barclays PLC set a €21.00 ($25.00) price objective on shares of ThyssenKrupp AG and gave the stock a neutral rating in a report on Tuesday, September 12th. Deutsche Bank AG set a €30.00 ($35.71) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a report on Friday, September 8th. Finally, Berenberg Bank set a €32.50 ($38.69) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a report on Thursday, August 31st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €26.74 ($31.84).
Shares of ThyssenKrupp AG (FRA TKA) opened at 25.933 on Wednesday. The firm’s market capitalization is €14.68 billion. The firm has a 50-day moving average price of €25.56 and a 200-day moving average price of €24.10. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01.
WARNING: “UBS AG Analysts Give ThyssenKrupp AG (TKA) a €20.50 Price Target” was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://sportsperspectives.com/2017/09/17/ubs-ag-analysts-give-thyssenkrupp-ag-tka-a-20-50-price-target.html.
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.
Receive News & Ratings for ThyssenKrupp AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp AG and related companies with MarketBeat.com's FREE daily email newsletter.