Commerzbank AG set a €26.00 ($27.37) price objective on ThyssenKrupp AG (FRA:TKA) in a research report sent to investors on Thursday. The brokerage currently has a buy rating on the stock.
TKA has been the subject of several other research reports. Nord/LB reiterated a buy rating on shares of ThyssenKrupp AG in a report on Wednesday, November 2nd. Bankhaus Lampe set a €20.00 ($21.05) price target on ThyssenKrupp AG and gave the stock a neutral rating in a report on Monday, August 29th. Credit Suisse Group AG set a €30.00 ($31.58) price target on ThyssenKrupp AG and gave the stock a buy rating in a report on Friday, October 28th. JPMorgan Chase & Co. set a €22.20 ($23.37) price objective on ThyssenKrupp AG and gave the company a buy rating in a research note on Thursday, September 15th. Finally, Deutsche Bank AG set a €24.00 ($25.26) price objective on ThyssenKrupp AG and gave the company a buy rating in a research note on Monday, October 10th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the company. ThyssenKrupp AG presently has a consensus rating of Buy and an average target price of €23.49 ($24.73).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 20.932 on Thursday. The company’s 50-day moving average price is €21.44 and its 200-day moving average price is €20.31. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.95. The company has a market capitalization of €11.85 billion and a PE ratio of 65.824.