ThyssenKrupp AG (TKA) PT Set at €34.50 by BNP Paribas
ThyssenKrupp AG (FRA:TKA) received a €34.50 ($40.59) price objective from investment analysts at BNP Paribas in a research note issued on Thursday. The firm presently has a “buy” rating on the basic materials company’s stock.
Other equities research analysts have also issued reports about the stock. Deutsche Bank AG set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, July 6th. DZ Bank AG reaffirmed a “buy” rating on shares of ThyssenKrupp AG in a report on Tuesday, July 4th. Nord/LB set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, June 30th. Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, June 22nd. Finally, Macquarie set a €30.00 ($35.29) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Monday, June 19th. Six equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €27.47 ($32.32).
Shares of ThyssenKrupp AG (TKA) opened at 23.74 on Thursday. The stock’s 50 day moving average is €25.00 and its 200 day moving average is €24.29. ThyssenKrupp AG has a 52-week low of €19.40 and a 52-week high of €27.01. The stock’s market capitalization is €13.44 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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