Today, ThyssenKrupp AG (TKA) Given a €28.00 Price Target by Berenberg Bank Analysts

Today, ThyssenKrupp AG (TKA) Given a €28.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €28.00 ($29.47) target price on ThyssenKrupp AG (FRA:TKA) in a report released on Monday. The firm currently has a buy rating on the stock.

Several other equities analysts have also issued reports on the stock. Deutsche Bank AG reissued a buy rating and set a price objective on shares of ThyssenKrupp AG in a report on Wednesday, August 17th. JPMorgan Chase & Co. set a €22.20 ($23.37) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Tuesday, September 27th. Barclays PLC set a €18.50 ($19.47) price objective on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Friday, October 21st. Commerzbank AG set a €26.00 ($27.37) price objective on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Friday, November 11th. Finally, Morgan Stanley set a €24.20 ($25.47) price target on shares of ThyssenKrupp AG and gave the stock a buy rating in a report on Monday, September 26th. 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. The stock has an average rating of Buy and an average target price of €23.49 ($24.73).

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

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