Deutsche Bank Aktiengesellschaft set a €17.00 ($20.00) price target on thyssenkrupp (FRA:TKA) in a research report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.
Other equities research analysts have also issued reports about the stock. Baader Bank set a €16.00 ($18.82) target price on shares of thyssenkrupp and gave the company a buy rating in a research report on Tuesday, May 11th. Credit Suisse Group set a €15.80 ($18.59) price objective on shares of thyssenkrupp and gave the stock a buy rating in a report on Monday. Independent Research set a €11.20 ($13.18) price objective on shares of thyssenkrupp and gave the stock a neutral rating in a report on Thursday, February 11th. Nord/LB set a €14.00 ($16.47) price objective on shares of thyssenkrupp and gave the stock a buy rating in a report on Wednesday, February 10th. Finally, DZ Bank restated a buy rating on shares of thyssenkrupp in a report on Friday, May 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. thyssenkrupp currently has an average rating of Buy and a consensus target price of €12.99 ($15.28).
Shares of thyssenkrupp stock opened at €9.83 ($11.57) on Tuesday. thyssenkrupp has a 1 year low of €20.70 ($24.35) and a 1 year high of €27.01 ($31.78). The company’s 50 day moving average is €10.51.
thyssenkrupp AG operates in the areas of automotive technology, industrial components, plant technology, marine systems, steel, and materials services in Germany, the United States, China, and internationally. The company's Automotive Technology segment develops and manufactures components and systems and automated production systems for the automotive industry.
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