ThyssenKrupp AG (FRA:TKA) has been given a €27.00 ($31.40) price target by equities researchers at J P Morgan Chase & Co in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the basic materials company’s stock. J P Morgan Chase & Co’s price target would suggest a potential upside of 21.79% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. set a €30.00 ($34.88) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, July 20th. Jefferies Group LLC set a €32.00 ($37.21) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Deutsche Bank AG set a €30.00 ($34.88) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Wednesday, July 26th. Royal Bank Of Canada set a €29.00 ($33.72) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Monday, July 24th. Finally, Berenberg Bank set a €28.50 ($33.14) price objective on ThyssenKrupp AG and gave the stock a “buy” rating in a research note on Thursday, August 10th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. ThyssenKrupp AG currently has an average rating of “Hold” and a consensus target price of €27.41 ($31.87).

Shares of ThyssenKrupp AG (FRA:TKA) opened at €22.17 ($25.78) on Wednesday. ThyssenKrupp AG has a 52 week low of €20.74 ($24.12) and a 52 week high of €27.01 ($31.41).

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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.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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