UBS AG Analysts Give ThyssenKrupp AG (TKA) a €20.50 Price Target

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.

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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