Independent Research set a €27.00 ($32.14) price target on ThyssenKrupp (FRA:TKA) in a report issued on Wednesday. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other equities research analysts also recently weighed in on TKA. Deutsche Bank set a €30.00 ($35.71) price target on shares of ThyssenKrupp and gave the company a buy rating in a research note on Friday, September 8th. Barclays set a €21.00 ($25.00) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Tuesday, September 12th. Baader Bank set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research report on Tuesday, September 12th. Royal Bank of Canada set a €29.00 ($34.52) target price on shares of ThyssenKrupp and gave the stock a buy rating in a research report on Wednesday, September 13th. Finally, UBS Group set a €20.50 ($24.40) target price on shares of ThyssenKrupp and gave the stock a sell rating in a research report on Wednesday, September 13th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. ThyssenKrupp presently has an average rating of Hold and an average target price of €27.93 ($33.26).

ThyssenKrupp (FRA TKA) traded down €0.02 ($0.02) on Wednesday, hitting €25.08 ($29.86). 2,482,894 shares of the stock were exchanged. ThyssenKrupp has a one year low of €21.17 ($25.20) and a one year high of €27.01 ($32.15). The firm has a market cap of $15,650.00 and a P/E ratio of 67.78.

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About ThyssenKrupp

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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