ThyssenKrupp (FRA:TKA) Given a €9.50 Price Target at Barclays
Barclays set a €9.50 ($11.05) price target on ThyssenKrupp (FRA:TKA) in a report released on Thursday, Borsen Zeitung reports. The brokerage currently has a sell rating on the basic materials company’s stock.
TKA has been the subject of several other research reports. Independent Research set a €12.30 ($14.30) price objective on ThyssenKrupp and gave the company a neutral rating in a research note on Friday, December 13th. Baader Bank set a €13.00 ($15.12) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Thursday. DZ Bank reaffirmed a neutral rating and issued a price objective on shares of ThyssenKrupp in a research note on Friday, November 22nd. Morgan Stanley set a €12.20 ($14.19) price objective on ThyssenKrupp and gave the company a neutral rating in a research note on Friday, January 10th. Finally, Jefferies Financial Group set a €14.95 ($17.38) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Thursday. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €12.38 ($14.40).
Shares of ThyssenKrupp stock traded up €0.04 ($0.05) on Thursday, hitting €11.19 ($13.01). The stock had a trading volume of 2,660,484 shares. The stock has a 50 day moving average of €11.65 and a 200 day moving average of €11.92. ThyssenKrupp has a twelve month low of €20.70 ($24.07) and a twelve month high of €27.01 ($31.41).
thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.
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