ThyssenKrupp (FRA:TKA) PT Set at €14.80 by Jefferies Financial Group

ThyssenKrupp (FRA:TKA) received a €14.80 ($17.21) target price from analysts at Jefferies Financial Group in a research note issued on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the basic materials company’s stock. Jefferies Financial Group’s price target would indicate a potential upside of 27.09% from the stock’s current price.

Several other equities research analysts also recently issued reports on the stock. HSBC set a €11.20 ($13.02) price objective on shares of ThyssenKrupp and gave the stock a “neutral” rating in a research report on Thursday, August 15th. Macquarie set a €13.30 ($15.47) price objective on shares of ThyssenKrupp and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Independent Research set a €12.20 ($14.19) price objective on shares of ThyssenKrupp and gave the stock a “neutral” rating in a research report on Friday, November 22nd. Morgan Stanley set a €13.20 ($15.35) price objective on shares of ThyssenKrupp and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Finally, Credit Suisse Group set a €9.00 ($10.47) price objective on shares of ThyssenKrupp and gave the stock a “sell” rating in a research report on Friday, November 22nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. ThyssenKrupp presently has an average rating of “Hold” and an average target price of €14.34 ($16.67).

Shares of TKA stock opened at €11.65 ($13.54) on Thursday. The firm has a 50 day moving average price of €12.52 and a two-hundred day moving average price of €11.97. ThyssenKrupp has a 12-month low of €20.70 ($24.07) and a 12-month high of €27.01 ($31.41).

ThyssenKrupp Company Profile

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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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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