DZ Bank Reaffirms “Buy” Rating for ThyssenKrupp (TKA)
ThyssenKrupp (FRA:TKA)‘s stock had its “buy” rating reiterated by DZ Bank in a research report issued on Wednesday.
Other research analysts also recently issued research reports about the company. Royal Bank of Canada set a €33.00 ($40.74) target price on ThyssenKrupp and gave the stock a “buy” rating in a research note on Tuesday, October 17th. Nord/LB set a €30.00 ($37.04) target price on ThyssenKrupp and gave the stock a “buy” rating in a research note on Thursday, November 23rd. Commerzbank set a €32.00 ($39.51) price target on ThyssenKrupp and gave the stock a “buy” rating in a report on Thursday, November 23rd. set a €27.00 ($33.33) price target on ThyssenKrupp and gave the stock a “buy” rating in a report on Wednesday, November 1st. Finally, Credit Suisse Group set a €32.00 ($39.51) price target on ThyssenKrupp and gave the stock a “buy” rating in a report on Friday, November 24th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company’s stock. ThyssenKrupp has an average rating of “Buy” and a consensus price target of €28.64 ($35.36).
Shares of ThyssenKrupp (FRA TKA) traded down €0.16 ($0.20) during midday trading on Wednesday, reaching €22.94 ($28.32). The company’s stock had a trading volume of 4,765,885 shares. The firm has a market capitalization of $14,130.00 and a P/E ratio of 62.00. ThyssenKrupp has a 12-month low of €21.17 ($26.14) and a 12-month high of €27.01 ($33.35).
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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