J P Morgan Chase & Co set a €27.00 ($31.40) target price on ThyssenKrupp AG (FRA:TKA) in a research report released on Wednesday morning. The firm currently has a neutral rating on the basic materials company’s stock.
Several other research firms also recently commented on TKA. Royal Bank Of Canada set a €32.00 ($37.21) price objective on ThyssenKrupp AG and gave the stock a buy rating in a report on Friday, November 3rd. Barclays PLC set a €21.00 ($24.42) price target on ThyssenKrupp AG and gave the company a sell rating in a report on Thursday, November 9th. Kepler Capital Markets set a €21.00 ($24.42) price target on ThyssenKrupp AG and gave the company a sell rating in a report on Wednesday. Commerzbank Ag set a €29.00 ($33.72) price target on ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, August 10th. Finally, Berenberg Bank set a €28.50 ($33.14) price target on ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, August 10th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of €27.41 ($31.87).
ThyssenKrupp AG (TKA) opened at €22.08 ($25.67) on Wednesday. ThyssenKrupp AG has a twelve month low of €20.74 ($24.12) and a twelve month high of €27.01 ($31.41).
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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