Trade Report: The Berenberg Bank Analysts Give ThyssenKrupp AG (TKA) a €27.50 Price Target

The Berenberg Bank Analysts Give ThyssenKrupp AG (TKA) a €27.50 Price Target

Berenberg Bank set a €27.50 ($30.22) target price on ThyssenKrupp AG (FRA:TKA) in a research note released on Wednesday morning. The firm currently has a a buy rating on the stock.

TKA has been the subject of a number of other research reports. JPMorgan Chase & Co. set a €22.20 ($24.40) price target on ThyssenKrupp AG and gave the company a buy rating in a research report on Tuesday, September 27th. Morgan Stanley set a €24.00 ($26.37) price target on ThyssenKrupp AG and gave the company a buy rating in a research report on Thursday, October 20th. Kepler Capital Markets set a €19.00 ($20.88) price objective on ThyssenKrupp AG and gave the company a neutral rating in a report on Thursday, August 11th. Credit Suisse Group AG set a €30.00 ($32.97) price objective on ThyssenKrupp AG and gave the company a buy rating in a report on Wednesday, October 19th. Finally, Commerzbank AG set a €26.00 ($28.57) price objective on ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, July 28th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of €23.25 ($25.54).

ThyssenKrupp AG (FRA:TKA) opened at 20.856 on Wednesday. The company has a market capitalization of €11.80 billion and a PE ratio of 65.585. The firm’s 50 day moving average price is €21.41 and its 200-day moving average price is €20.16. ThyssenKrupp AG has a 12-month low of €12.62 and a 12-month high of €22.95.

Related posts

Leave a Comment