The Deutsche Bank AG Analysts Give ThyssenKrupp AG (TKA) a €24.00 Price Target

The Deutsche Bank AG Analysts Give ThyssenKrupp AG (TKA) a €24.00 Price Target

Deutsche Bank AG set a €24.00 ($26.67) price target on ThyssenKrupp AG (FRA:TKA) in a report released on Monday. The brokerage currently has a a buy rating on the stock.

A number of other research analysts have also recently weighed in on TKA. Jefferies Group set a €25.00 ($27.78) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Friday, August 12th. JPMorgan Chase & Co. set a €22.20 ($24.67) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, September 15th. Bankhaus Lampe set a €16.00 ($17.78) price objective on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Thursday, August 11th. Baader Bank set a €25.00 ($27.78) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, August 11th. Finally, Kepler Capital Markets set a €19.00 ($21.11) price objective on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Thursday, August 11th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of €22.85 ($25.38).

Shares of ThyssenKrupp AG (FRA:TKA) opened at 22.00 on Monday. The stock has a market capitalization of €12.45 billion and a price-to-earnings ratio of 69.18. The company has a 50-day moving average of €21.25 and a 200-day moving average of €19.88. ThyssenKrupp AG has a 52-week low of €12.62 and a 52-week high of €22.64.

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