Trading Report: Today: ThyssenKrupp AG (TKA) Given a €23.00 Price Target by Independent Research GmbH Analysts

Today: ThyssenKrupp AG (TKA) Given a €23.00 Price Target by Independent Research GmbH Analysts

ThyssenKrupp AG (FRA:TKA) has been assigned a €23.00 ($24.73) target price by analysts at Independent Research GmbH in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock.

A number of other equities analysts have also recently issued reports on TKA. Berenberg Bank set a €28.00 ($30.11) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday. Jefferies Group set a €25.00 ($26.88) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, August 12th. JPMorgan Chase & Co. set a €22.20 ($23.87) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Thursday, September 15th. Bankhaus Lampe set a €16.00 ($17.20) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Thursday, August 11th. Finally, Baader Bank set a €25.00 ($26.88) price target on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the stock. ThyssenKrupp AG presently has an average rating of “Buy” and a consensus price target of €23.49 ($25.26).

Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.351 on Monday. The stock has a market cap of €12.08 billion and a price-to-earnings ratio of 67.142. The stock’s 50 day moving average price is €21.46 and its 200 day moving average price is €20.27. ThyssenKrupp AG has a 52 week low of €12.62 and a 52 week high of €22.95.

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