Commerzbank set a €30.00 ($34.88) price objective on ThyssenKrupp (FRA:TKA) in a report issued on Tuesday. The brokerage currently has a buy rating on the basic materials company’s stock.

Other analysts also recently issued research reports about the stock. Citigroup set a €26.00 ($30.23) price target on shares of ThyssenKrupp and gave the company a buy rating in a research report on Thursday, July 12th. Jefferies Financial Group set a €33.00 ($38.37) price target on shares of ThyssenKrupp and gave the company a buy rating in a research report on Thursday, August 9th. Baader Bank set a €25.00 ($29.07) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Thursday, August 9th. Independent Research set a €23.50 ($27.33) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Thursday, August 9th. Finally, Cfra set a €23.00 ($26.74) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Friday, August 10th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. ThyssenKrupp currently has a consensus rating of Buy and an average target price of €26.55 ($30.87).

FRA TKA opened at €17.33 ($20.15) on Tuesday. ThyssenKrupp has a 12-month low of €20.70 ($24.07) and a 12-month high of €27.01 ($31.41).

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. 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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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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