Trade Report: Today, Deutsche Bank AG Analysts Give ThyssenKrupp AG (TKA) a €26.00 Price Target

Today, Deutsche Bank AG Analysts Give ThyssenKrupp AG (TKA) a €26.00 Price Target

ThyssenKrupp AG (FRA:TKA) has been given a €26.00 ($27.96) price target by research analysts at Deutsche Bank AG in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock.

A number of other research analysts have also recently commented on TKA. Baader Bank set a €25.00 ($26.88) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, August 11th. Commerzbank AG set a €26.00 ($27.96) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, August 11th. Berenberg Bank set a €29.00 ($31.18) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, August 11th. BNP Paribas set a €21.00 ($22.58) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, July 28th. Finally, Nord/LB set a €26.00 ($27.96) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Friday, August 12th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of €23.49 ($25.26).

ThyssenKrupp AG (FRA:TKA) opened at 21.628 on Friday. The company’s 50-day moving average price is €21.47 and its 200-day moving average price is €20.26. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.95. The stock has a market cap of €12.24 billion and a P/E ratio of 68.013.

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