ThyssenKrupp AG (TKA) PT Set at €21.00 by BNP Paribas

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ThyssenKrupp AG (FRA:TKA) has been assigned a €21.00 ($23.33) price objective by research analysts at BNP Paribas in a report issued on Thursday. The firm currently has a a “buy” rating on the stock.
Several other equities analysts have also recently issued reports on TKA. Berenberg Bank set a €24.00 ($26.67) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Wednesday, March 30th. HSBC set a €24.90 ($27.67) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Wednesday, March 30th. Credit Suisse Group AG set a €21.00 ($23.33) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, March 31st. Kepler Capital Markets set a €17.00 ($18.89) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, March 31st. Finally, Morgan Stanley set a €23.00 ($25.56) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research note on Thursday, March 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seventeen have assigned a buy rating to the stock. ThyssenKrupp AG presently has a consensus rating of “Buy” and a consensus target price of €22.50 ($25.00).
ThyssenKrupp AG (FRA:TKA) traded down 1.199% during midday trading on Thursday, reaching €20.279. 3,751 shares of the company traded hands. ThyssenKrupp AG has a 12 month low of €12.62 and a 12 month high of €22.36. The company’s 50-day moving average price is €21.02 and its 200 day moving average price is €19.29. The firm has a market capitalization of €11.48 billion and a PE ratio of 63.770.

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ThyssenKrupp AG Company Profile
ThyssenKrupp AG is a Germany-based technology holding company operating through eight business segments. Steel Europe segment, which produces carbon steel flat products. Steel Americas, engaged in production, processing and marketing of high-grade carbon steels. Stainless Global segment is engaged in production of stainless steel products and materials.

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