Cfra set a €19.00 ($22.09) price target on ThyssenKrupp (FRA:TKA) in a research report report published on Friday. The firm currently has a neutral rating on the basic materials company’s stock.

Other equities research analysts have also recently issued research reports about the stock. Citigroup set a €26.00 ($30.23) target price on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Thursday, July 12th. Jefferies Financial Group set a €33.00 ($38.37) target price on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Thursday, August 9th. Baader Bank set a €25.00 ($29.07) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Thursday, August 9th. Independent Research set a €23.50 ($27.33) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Thursday, August 9th. Finally, Societe Generale set a €27.40 ($31.86) target price on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, October 2nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company’s stock. ThyssenKrupp has a consensus rating of Buy and a consensus target price of €26.55 ($30.87).

FRA TKA traded down €1.73 ($2.01) on Friday, reaching €17.33 ($20.15). 14,333,765 shares of the stock were exchanged. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one year high of €27.01 ($31.41).

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. 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.

Further Reading: Earnings Per Share

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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