ThyssenKrupp (FRA:TKA) has been given a €32.00 ($38.10) price objective by Credit Suisse Group in a note issued to investors on Monday. The firm currently has a “buy” rating on the basic materials company’s stock. Credit Suisse Group’s price objective would indicate a potential upside of 26.18% from the company’s current price.
A number of other equities analysts have also recently commented on the stock. Jefferies Group reissued a “buy” rating on shares of ThyssenKrupp in a research note on Monday, December 18th. Barclays set a €20.00 ($23.81) price target on shares of ThyssenKrupp and gave the stock a “sell” rating in a research note on Tuesday, December 12th. Kepler Capital Markets set a €21.00 ($25.00) price target on shares of ThyssenKrupp and gave the stock a “sell” rating in a research note on Friday, October 13th. UBS Group set a €25.00 ($29.76) price target on shares of ThyssenKrupp and gave the stock a “neutral” rating in a research note on Friday, October 20th. Finally, DZ Bank reissued a “buy” rating on shares of ThyssenKrupp in a research note on Friday, November 24th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company’s stock. ThyssenKrupp has an average rating of “Hold” and a consensus price target of €27.93 ($33.26).
ThyssenKrupp (FRA:TKA) traded down €0.12 ($0.14) during mid-day trading on Monday, reaching €25.36 ($30.19). 1,124,963 shares of the company’s stock were exchanged. ThyssenKrupp has a fifty-two week low of €21.17 ($25.20) and a fifty-two week high of €27.01 ($32.15). The stock has a market cap of $15,910.00 and a PE ratio of 68.54.
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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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