ThyssenKrupp AG (TKA) Receives Consensus Rating of “Hold” from Brokerages

ThyssenKrupp AG (FRA:TKA) has received a consensus rating of “Hold” from the twenty-three ratings firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and fourteen have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is €28.18 ($34.78).

A number of equities research analysts recently weighed in on TKA shares. Jefferies Group reaffirmed a “buy” rating on shares of ThyssenKrupp in a research note on Monday, December 18th. Barclays set a €20.00 ($24.69) price target on ThyssenKrupp and gave the stock a “sell” rating in a research note on Tuesday, December 12th. Credit Suisse Group set a €32.00 ($39.51) price target on ThyssenKrupp and gave the stock a “buy” rating in a research note on Monday, January 15th. UBS Group set a €25.00 ($30.86) price target on ThyssenKrupp and gave the stock a “neutral” rating in a research note on Friday, October 20th. Finally, Kepler Capital Markets set a €21.00 ($25.93) price target on ThyssenKrupp and gave the stock a “sell” rating in a research note on Monday, December 11th.

Shares of ThyssenKrupp (FRA TKA) traded down €0.27 ($0.33) on Tuesday, reaching €22.98 ($28.37). 3,276,913 shares of the company were exchanged. The stock has a market capitalization of $14,170.00 and a P/E ratio of 62.11. ThyssenKrupp has a 1-year low of €21.17 ($26.14) and a 1-year high of €27.01 ($33.35).

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About ThyssenKrupp

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. Its Elevator Technology segment is involved in the construction, modernization, and servicing of elevators, escalators, moving walks, and stairs and platform lifts, as well as passenger boarding bridges.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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