ThyssenKrupp AG (TKA) PT Set at €33.00 by Credit Suisse Group

ThyssenKrupp AG (FRA:TKA) has been assigned a €33.00 ($38.82) target price by research analysts at Credit Suisse Group in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the basic materials company’s stock.

A number of other brokerages have also recently issued reports on TKA. Nord/LB set a €30.00 ($35.29) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, June 30th. HSBC Holdings plc set a €30.00 ($35.29) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, July 20th. Independent Research GmbH set a €27.00 ($31.76) target price on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Monday, August 28th. DZ Bank AG reaffirmed a “buy” rating on shares of ThyssenKrupp AG in a report on Tuesday, July 4th. Finally, Deutsche Bank AG set a €30.00 ($35.29) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, July 6th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the stock. ThyssenKrupp AG has a consensus rating of “Hold” and a consensus target price of €27.69 ($32.57).

ThyssenKrupp AG (FRA TKA) opened at 23.225 on Wednesday. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01. The stock has a 50 day moving average price of €25.14 and a 200-day moving average price of €24.30. The company’s market capitalization is €13.14 billion.

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A number of other brokerages have also recently issued reports on TKA. Nord/LB set a €30.00 ($35.29) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, June 30th. HSBC Holdings plc set a €30.00 ($35.29) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, July 20th. Independent Research GmbH set a €27.00 ($31.76) target price on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Monday, August 28th. DZ Bank AG reaffirmed a “buy” rating on shares of ThyssenKrupp AG in a report on Tuesday, July 4th. Finally, Deutsche Bank AG set a €30.00 ($35.29) target price on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday, July 6th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the stock. ThyssenKrupp AG has a consensus rating of “Hold” and a consensus target price of €27.69 ($32.57).

ThyssenKrupp AG (FRA TKA) opened at 23.225 on Wednesday. ThyssenKrupp AG has a 1-year low of €19.40 and a 1-year high of €27.01. The stock has a 50 day moving average price of €25.14 and a 200-day moving average price of €24.30. The company’s market capitalization is €13.14 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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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