Today, ThyssenKrupp AG (TKA) PT Set at €28.00 by Berenberg Bank

Today, ThyssenKrupp AG (TKA) PT Set at €28.00 by Berenberg Bank

ThyssenKrupp AG (FRA:TKA) received a €28.00 ($29.47) target price from equities researchers at Berenberg Bank in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock.

A number of other equities research analysts have also weighed in on TKA. Jefferies Group set a €25.00 ($26.32) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Friday, August 12th. 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 Thursday, September 15th. Bankhaus Lampe set a €16.00 ($16.84) price objective on shares of ThyssenKrupp AG and gave the company a “neutral” rating in a report on Thursday, August 11th. Baader Bank set a €25.00 ($26.32) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a report on Thursday. Finally, S&P Global Inc. set a €20.00 ($21.05) price objective on shares of ThyssenKrupp AG and gave the company a “sell” rating in a report on Friday. Two equities research 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. ThyssenKrupp AG currently has an average rating of “Buy” and an average price target of €23.49 ($24.73).

ThyssenKrupp AG (FRA:TKA) traded down 1.962% during midday trading on Monday, reaching €20.932. The company’s stock had a trading volume of 5,331 shares. The stock has a market cap of €11.85 billion and a price-to-earnings ratio of 65.824. The stock’s 50 day moving average price is €21.44 and its 200-day moving average price is €20.31. ThyssenKrupp AG has a one year low of €12.62 and a one year high of €22.95.

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