Trading Report: Today, ThyssenKrupp AG (TKA) Given a €26.70 Price Target by Societe Generale Analysts

Today, ThyssenKrupp AG (TKA) Given a €26.70 Price Target by Societe Generale Analysts

ThyssenKrupp AG (FRA:TKA) received a €26.70 ($28.11) price objective from stock analysts at Societe Generale in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the stock.

A number of other research firms have also weighed in on TKA. Commerzbank AG set a €26.00 ($27.37) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research report on Friday, August 19th. Berenberg Bank set a €27.50 ($28.95) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 19th. Deutsche Bank AG reissued a “buy” rating and issued a target price on shares of ThyssenKrupp AG in a report on Wednesday, August 17th. Nord/LB set a €26.00 ($27.37) target price on ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 12th. Finally, DZ Bank AG reissued a “buy” rating on shares of ThyssenKrupp AG in a report on Friday, August 12th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have issued a buy rating to the stock. ThyssenKrupp AG currently has a consensus rating of “Buy” and an average price target of €23.49 ($24.72).

ThyssenKrupp AG (FRA:TKA) opened at 21.155 on Tuesday. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.95. The stock has a market cap of €11.97 billion and a price-to-earnings ratio of 66.525. The firm’s 50 day moving average price is €21.44 and its 200-day moving average price is €20.31.

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