ThyssenKrupp AG (TKA) Given a €29.00 Price Target at Commerzbank Ag

ThyssenKrupp AG (FRA:TKA) received a €29.00 ($31.87) price target from equities researchers at Commerzbank Ag in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the basic materials company’s stock.

Several other analysts have also commented on the stock. Bank of America Corp reiterated a “neutral” rating on shares of ThyssenKrupp AG in a research report on Tuesday, January 24th. Barclays PLC set a €21.00 ($23.08) price target on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a research report on Tuesday, April 18th. Credit Suisse Group AG set a €30.00 ($32.97) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Tuesday, April 11th. Jefferies Group LLC set a €30.00 ($32.97) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, April 12th. Finally, Royal Bank of Canada set a €27.00 ($29.67) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Wednesday, April 12th. Four investment 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 presently has an average rating of “Hold” and an average target price of €25.37 ($27.88).

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

Shares of ThyssenKrupp AG (FRA:TKA) traded up 0.19% on Friday, hitting €23.12. The stock had a trading volume of 6,071 shares. The company’s 50 day moving average is €22.29 and its 200 day moving average is €22.63. ThyssenKrupp AG has a one year low of €16.61 and a one year high of €24.65. The stock’s market cap is €13.08 billion.

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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.

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