Baader Bank Analysts Give ThyssenKrupp (FRA:TKA) a €13.00 Price Target

Baader Bank set a €13.00 ($15.12) target price on ThyssenKrupp (FRA:TKA) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.

Other equities analysts have also issued reports about the stock. Jefferies Financial Group set a €14.80 ($17.21) price objective on shares of ThyssenKrupp and gave the stock a buy rating in a report on Wednesday. DZ Bank restated a neutral rating and issued a price objective on shares of ThyssenKrupp in a report on Friday, November 22nd. Macquarie set a €13.30 ($15.47) price objective on shares of ThyssenKrupp and gave the stock a neutral rating in a report on Tuesday, September 24th. Independent Research set a €12.20 ($14.19) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a report on Friday, November 22nd. Finally, Credit Suisse Group set a €9.00 ($10.47) target price on shares of ThyssenKrupp and gave the stock a sell rating in a report on Friday, November 22nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. ThyssenKrupp presently has a consensus rating of Hold and a consensus target price of €14.33 ($16.67).

Shares of TKA stock opened at €11.38 ($13.23) on Wednesday. The firm’s 50 day moving average price is €12.93 and its 200-day moving average price is €12.06. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one year high of €27.01 ($31.41).

About ThyssenKrupp

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.

Read More: How Important is Technical Analysis of Stocks

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

Receive News & Ratings for ThyssenKrupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp and related companies with MarketBeat.com's FREE daily email newsletter.