Baader Bank set a €25.00 ($29.76) target price on ThyssenKrupp (FRA:TKA) in a research note published on Wednesday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other equities research analysts have also commented on the stock. Barclays set a €20.00 ($23.81) price objective on shares of ThyssenKrupp and gave the stock a sell rating in a report on Tuesday, December 12th. Kepler Capital Markets set a €21.00 ($25.00) price objective on shares of ThyssenKrupp and gave the stock a sell rating in a report on Friday, October 13th. UBS Group set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Friday, October 20th. DZ Bank reaffirmed a buy rating on shares of ThyssenKrupp in a research note on Friday, November 24th. Finally, Deutsche Bank set a €30.00 ($35.71) target price on shares of ThyssenKrupp and gave the company a buy rating in a research note on Friday, September 8th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €27.93 ($33.26).
Shares of ThyssenKrupp (TKA) opened at €25.04 ($29.81) on Wednesday. ThyssenKrupp has a fifty-two week low of €21.17 ($25.20) and a fifty-two week high of €27.01 ($32.15). The company has a market cap of $15,580.00 and a PE ratio of 67.68.
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ThyssenKrupp Company Profile
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The companys Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segments 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.
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