Kepler Capital Markets set a €5.00 ($5.62) price target on ThyssenKrupp (FRA:TKA) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the basic materials company’s stock.
A number of other brokerages also recently issued reports on TKA. Jefferies Financial Group set a €10.00 ($11.24) price target on shares of ThyssenKrupp and gave the stock a buy rating in a research report on Friday, July 17th. Independent Research set a €5.50 ($6.18) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. set a €5.50 ($6.18) price target on ThyssenKrupp and gave the stock a sell rating in a report on Tuesday, July 14th. Morgan Stanley set a €7.50 ($8.43) price objective on ThyssenKrupp and gave the company a neutral rating in a research note on Tuesday, June 23rd. Finally, Nord/LB set a €6.50 ($7.30) target price on ThyssenKrupp and gave the stock a neutral rating in a report on Wednesday, June 24th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. ThyssenKrupp currently has a consensus rating of Hold and an average price target of €9.22 ($10.35).
ThyssenKrupp stock opened at €6.57 ($7.38) on Wednesday. The stock’s 50 day moving average is €6.71 and its 200 day moving average is €7.27. ThyssenKrupp has a one year low of €20.70 ($23.26) and a one year high of €27.01 ($30.35).
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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