Brokerages Set ThyssenKrupp AG (TKA) Target Price at $27.08

ThyssenKrupp AG (FRA:TKA) has been given an average rating of “Buy” by the twenty-two brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is €26.94 ($31.33).

TKA has been the topic of a number of recent research reports. Kepler Capital Markets set a €35.00 ($40.70) target price on ThyssenKrupp and gave the stock a “buy” rating in a report on Monday, September 17th. Jefferies Financial Group reiterated a “buy” rating on shares of ThyssenKrupp in a report on Monday, September 17th. Independent Research set a €22.00 ($25.58) target price on ThyssenKrupp and gave the stock a “neutral” rating in a report on Thursday, September 13th. UBS Group set a €30.00 ($34.88) target price on ThyssenKrupp and gave the stock a “buy” rating in a report on Thursday, August 30th. Finally, Commerzbank set a €30.00 ($34.88) target price on ThyssenKrupp and gave the stock a “buy” rating in a report on Thursday, August 23rd.

Shares of ThyssenKrupp stock traded down €0.47 ($0.55) on Wednesday, reaching €20.07 ($23.34). 2,889,106 shares of the company’s stock were exchanged. ThyssenKrupp has a 52 week low of €20.70 ($24.07) and a 52 week 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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