Independent Research set a €26.00 ($32.10) price target on ThyssenKrupp (FRA:TKA) in a research report released on Wednesday. The firm currently has a neutral rating on the basic materials company’s stock.
A number of other research firms also recently issued reports on TKA. Baader Bank set a €25.00 ($30.86) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a report on Thursday, December 28th. Commerzbank set a €32.00 ($39.51) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Thursday, November 23rd. Kepler Capital Markets set a €21.00 ($25.93) target price on shares of ThyssenKrupp and gave the stock a sell rating in a report on Tuesday, December 5th. Barclays set a €20.00 ($24.69) target price on shares of ThyssenKrupp and gave the stock a sell rating in a report on Monday, January 29th. Finally, Credit Suisse Group set a €32.00 ($39.51) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Monday, December 4th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the stock. ThyssenKrupp presently has a consensus rating of Buy and an average target price of €28.52 ($35.21).
Shares of ThyssenKrupp (FRA:TKA) opened at €22.85 ($28.21) on Wednesday. ThyssenKrupp has a fifty-two week low of €21.17 ($26.14) and a fifty-two week high of €27.01 ($33.35). The stock has a market cap of $14,350.00 and a P/E ratio of 43.94.
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. Its Elevator Technology segment is involved in the construction, modernization, and servicing of elevators, escalators, moving walks, and stairs and platform lifts, as well as passenger boarding bridges.
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