Credit Suisse Group Reiterates “€33.00” Price Target for ThyssenKrupp AG (TKA)

Credit Suisse Group set a €33.00 ($37.08) target price on ThyssenKrupp AG (FRA:TKA) in a report issued on Thursday morning. The firm currently has a buy rating on the basic materials company’s stock.

TKA has been the subject of a number of other reports. Barclays PLC set a €21.00 ($23.60) price objective on shares of ThyssenKrupp AG and gave the stock a neutral rating in a research report on Tuesday, February 28th. Royal Bank Of Canada set a €27.00 ($30.34) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Wednesday, April 12th. DZ Bank AG reiterated a buy rating on shares of ThyssenKrupp AG in a research report on Friday, February 24th. Commerzbank Ag set a €26.00 ($29.21) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Wednesday, February 22nd. Finally, Jefferies Group LLC set a €30.00 ($33.71) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Friday, March 17th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. ThyssenKrupp AG currently has a consensus rating of Hold and a consensus price target of €25.49 ($28.64).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

ThyssenKrupp AG (FRA:TKA) opened at 24.106 on Thursday. ThyssenKrupp AG has a 52-week low of €16.61 and a 52-week high of €24.65. The stock’s 50 day moving average is €22.88 and its 200-day moving average is €22.95. The stock’s market capitalization is €13.64 billion.

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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.

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