Jefferies Group set a €38.00 ($45.24) target price on ThyssenKrupp (FRA:TKA) in a report released on Monday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

TKA has been the subject of a number of other research reports. Nord/LB set a €30.00 ($35.71) target price on shares of ThyssenKrupp and gave the company a buy rating in a research note on Monday, August 21st. J P Morgan Chase & Co set a €27.00 ($32.14) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Wednesday, November 15th. UBS set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Friday, October 20th. Deutsche Bank set a €30.00 ($35.71) target price on shares of ThyssenKrupp and gave the company a buy rating in a research note on Friday, September 8th. Finally, Baader Bank set a €25.00 ($29.76) price target on shares of ThyssenKrupp and gave the company a neutral rating in a report on Friday, October 6th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the company. The company has an average rating of Hold and an average price target of €27.89 ($33.20).

Shares of ThyssenKrupp (TKA) opened at €23.84 ($28.38) on Monday. ThyssenKrupp has a 52 week low of €21.17 ($25.20) and a 52 week high of €27.01 ($32.15).

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ThyssenKrupp Company Profile

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. This segment’s 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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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