Credit Suisse Group Analysts Give ThyssenKrupp (TKA) a €32.00 Price Target

Credit Suisse Group set a €32.00 ($39.51) price target on ThyssenKrupp (FRA:TKA) in a research note issued to investors on Monday. The firm currently has a buy rating on the basic materials company’s stock.

Several other analysts have also commented on TKA. Barclays set a €21.00 ($25.93) price target on shares of ThyssenKrupp and gave the company a sell rating in a research report on Tuesday, October 3rd. JPMorgan Chase & Co. set a €26.50 ($32.72) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Friday, January 26th. Commerzbank set a €32.00 ($39.51) price target on shares of ThyssenKrupp and gave the company a buy rating in a research report on Thursday, January 25th. Morgan Stanley set a €27.70 ($34.20) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Monday, October 2nd. Finally, set a €27.00 ($33.33) price target on shares of ThyssenKrupp and gave the company a buy rating in a research report on Wednesday, November 1st. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of €28.25 ($34.88).

ThyssenKrupp (TKA) opened at €24.73 ($30.53) on Monday. ThyssenKrupp has a 1 year low of €21.17 ($26.14) and a 1 year high of €27.01 ($33.35). The firm has a market cap of $15,770.00 and a PE ratio of 66.84.

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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. This segment’s 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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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