Independent Research set a €27.00 ($32.14) price target on ThyssenKrupp (FRA:TKA) in a report released on Wednesday, January 3rd. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. set a €25.00 ($29.76) price objective on ThyssenKrupp and gave the company a neutral rating in a report on Wednesday, January 3rd. Credit Suisse Group set a €32.00 ($38.10) price objective on ThyssenKrupp and gave the company a buy rating in a report on Tuesday, January 2nd. Baader Bank set a €25.00 ($29.76) price target on ThyssenKrupp and gave the stock a neutral rating in a research note on Thursday, December 28th. Jefferies Group reaffirmed a buy rating on shares of ThyssenKrupp in a research note on Monday, December 18th. Finally, Warburg Research set a €31.00 ($36.90) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, December 12th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company. ThyssenKrupp presently has an average rating of Hold and a consensus target price of €27.93 ($33.26).
ThyssenKrupp (FRA TKA) opened at €25.48 ($30.33) on Wednesday. The firm has a market capitalization of $15,840.00 and a PE ratio of 68.86. ThyssenKrupp has a 1-year low of €21.17 ($25.20) and a 1-year high of €27.01 ($32.15).
ThyssenKrupp Company Profile
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The companys Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segments 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.
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