thyssenkrupp (FRA:TKA) Given a €9.00 Price Target by Barclays Analysts

thyssenkrupp (FRA:TKAGet Rating) has been given a €9.00 ($9.38) target price by equities research analysts at Barclays in a research report issued on Monday, Borsen Zeitung reports. Barclays‘s price target would indicate a potential upside of 29.42% from the company’s previous close.

Other research analysts have also issued research reports about the stock. Credit Suisse Group set a €17.60 ($18.33) price target on shares of thyssenkrupp in a research report on Friday, May 13th. Jefferies Financial Group set a €13.25 ($13.80) price objective on shares of thyssenkrupp in a report on Thursday. Deutsche Bank Rese… set a €17.00 ($17.71) price objective on shares of thyssenkrupp in a report on Tuesday, May 31st. Deutsche Bank Aktiengesellschaft set a €17.00 ($17.71) price objective on shares of thyssenkrupp in a report on Wednesday, March 23rd. Finally, Morgan Stanley set a €9.40 ($9.79) price objective on shares of thyssenkrupp in a report on Monday, May 30th.

FRA:TKA traded down €0.16 ($0.16) during mid-day trading on Monday, hitting €6.95 ($7.24). The company’s stock had a trading volume of 6,152,995 shares. thyssenkrupp has a fifty-two week low of €20.70 ($21.56) and a fifty-two week high of €27.01 ($28.14). The stock has a fifty day moving average of €7.74 and a 200-day moving average of €8.60.

About thyssenkrupp (Get Rating)

thyssenkrupp AG operates in the areas of automotive technology, industrial components, 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, as well as automation solutions for the automotive industry.

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