ThyssenKrupp (TKA) Given a €26.00 Price Target by Independent Research Analysts
Independent Research set a €26.00 ($30.95) target price on ThyssenKrupp (FRA:TKA) in a report released on Monday morning. The firm currently has a neutral rating on the basic materials company’s stock.
Several other equities analysts also recently commented on the stock. Kepler Capital Markets set a €21.00 ($25.00) price objective on shares of ThyssenKrupp and gave the company a sell rating in a report on Friday, October 13th. UBS set a €25.00 ($29.76) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a report on Friday, October 20th. Deutsche Bank set a €30.00 ($35.71) price objective on shares of ThyssenKrupp and gave the company a buy rating in a report on Friday, September 8th. Royal Bank of Canada set a €29.00 ($34.52) price objective on shares of ThyssenKrupp and gave the company a buy rating in a report on Wednesday, September 13th. Finally, Commerzbank set a €32.00 ($38.10) price objective on shares of ThyssenKrupp and gave the company a buy rating in a report on Friday, October 27th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company’s stock. ThyssenKrupp presently has an average rating of Hold and an average target price of €27.89 ($33.20).
ThyssenKrupp (TKA) opened at €23.20 ($27.61) on Monday. ThyssenKrupp has a fifty-two week low of €21.17 ($25.20) and a fifty-two week high of €27.01 ($32.15).
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The companys Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segments products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.
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