ThyssenKrupp (FRA:TKA) Receives Buy Rating from Credit Suisse Group

ThyssenKrupp (FRA:TKA)‘s stock had its “buy” rating restated by analysts at Credit Suisse Group in a note issued to investors on Thursday, December 21st. They presently have a target price on the basic materials company’s stock.

TKA has been the subject of a number of other research reports. Commerzbank set a €32.00 ($38.10) price objective on ThyssenKrupp and gave the company a “buy” rating in a research report on Thursday, November 23rd. Independent Research set a €28.00 ($33.33) price objective on ThyssenKrupp and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Kepler Capital Markets set a €21.00 ($25.00) price objective on ThyssenKrupp and gave the company a “sell” rating in a research report on Tuesday, December 5th. Barclays set a €21.00 ($25.00) price objective on ThyssenKrupp and gave the company a “sell” rating in a research report on Tuesday, October 3rd. Finally, DZ Bank reaffirmed a “buy” rating on shares of ThyssenKrupp in a research report on Thursday, November 16th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €27.93 ($33.26).

ThyssenKrupp (TKA) traded up €0.23 ($0.27) during midday trading on Thursday, hitting €25.48 ($30.33). The stock had a trading volume of 2,565,309 shares. ThyssenKrupp has a 12 month low of €21.17 ($25.20) and a 12 month high of €27.01 ($32.15). The firm has a market capitalization of $15,840.00 and a PE ratio of 68.86.

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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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