Royal Bank Of Canada Analysts Give ThyssenKrupp AG (TKA) a €33.00 Price Target

Royal Bank Of Canada set a €33.00 ($38.82) price target on ThyssenKrupp AG (FRA:TKA) in a report published on Tuesday. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other analysts have also recently weighed in on the company. Jefferies Group LLC set a €32.00 ($37.65) price objective on ThyssenKrupp AG and gave the company a buy rating in a research report on Tuesday, July 18th. Berenberg Bank set a €28.50 ($33.53) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Monday, July 17th. Commerzbank Ag set a €29.00 ($34.12) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Friday, July 14th. Barclays PLC set a €21.00 ($24.71) target price on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Friday, July 14th. Finally, 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 Thursday, July 13th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €27.61 ($32.48).

Shares of ThyssenKrupp AG (FRA TKA) traded down 0.828% during midday trading on Tuesday, reaching €23.348. The company had a trading volume of 2,516 shares. The company’s market capitalization is €13.21 billion. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01. The company has a 50 day moving average of €24.84 and a 200 day moving average of €24.33.

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Several other analysts have also recently weighed in on the company. Jefferies Group LLC set a €32.00 ($37.65) price objective on ThyssenKrupp AG and gave the company a buy rating in a research report on Tuesday, July 18th. Berenberg Bank set a €28.50 ($33.53) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Monday, July 17th. Commerzbank Ag set a €29.00 ($34.12) target price on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Friday, July 14th. Barclays PLC set a €21.00 ($24.71) target price on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Friday, July 14th. Finally, 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 Thursday, July 13th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €27.61 ($32.48).

Shares of ThyssenKrupp AG (FRA TKA) traded down 0.828% during midday trading on Tuesday, reaching €23.348. The company had a trading volume of 2,516 shares. The company’s market capitalization is €13.21 billion. ThyssenKrupp AG has a one year low of €19.40 and a one year high of €27.01. The company has a 50 day moving average of €24.84 and a 200 day moving average of €24.33.

TRADEMARK VIOLATION WARNING: This story was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://ledgergazette.com/2017/10/20/royal-bank-of-canada-analysts-give-thyssenkrupp-ag-tka-a-33-00-price-target.html.

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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