Trade Report: The ThyssenKrupp AG (TKA) Given a €24.00 Price Target by Warburg Research Analysts

The ThyssenKrupp AG (TKA) Given a €24.00 Price Target by Warburg Research Analysts

Warburg Research set a €24.00 ($26.67) price objective on ThyssenKrupp AG (FRA:TKA) in a research report sent to investors on Friday morning. The brokerage currently has a a buy rating on the stock.

Several other research firms have also recently issued reports on TKA. Independent Research GmbH set a €19.50 ($21.67) price objective on shares of ThyssenKrupp AG and gave the company a neutral rating in a research report on Monday, July 11th. Jefferies Group set a €25.00 ($27.78) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Monday, July 11th. Deutsche Bank AG set a €24.00 ($26.67) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Monday, July 11th. 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 research report on Tuesday, July 5th. Finally, Baader Bank set a €25.00 ($27.78) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a research report on Monday, July 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of €23.05 ($25.61).

Shares of ThyssenKrupp AG (FRA:TKA) traded up 0.050% during trading on Friday, hitting €21.928. 1,764 shares of the company’s stock were exchanged. The stock has a market cap of €12.41 billion and a P/E ratio of 68.956. The firm has a 50-day moving average price of €21.28 and a 200-day moving average price of €19.91. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.64.

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