ThyssenKrupp (FRA:TKA) has been given a €29.60 ($36.54) price objective by equities researchers at Societe Generale in a research note issued to investors on Wednesday, March 7th. The firm presently has a “buy” rating on the basic materials company’s stock. Societe Generale’s price target suggests a potential upside of 37.10% from the stock’s current price.
Several other equities research analysts also recently commented on the company. DZ Bank reissued a “buy” rating on shares of ThyssenKrupp in a report on Monday, March 5th. Barclays set a €20.00 ($24.69) price objective on ThyssenKrupp and gave the company a “sell” rating in a report on Monday, March 5th. Credit Suisse Group set a €33.00 ($40.74) price objective on ThyssenKrupp and gave the company a “buy” rating in a report on Tuesday, February 27th. Cfra set a €23.00 ($28.40) price objective on ThyssenKrupp and gave the company a “neutral” rating in a report on Monday, February 19th. Finally, Nord/LB set a €30.00 ($37.04) price objective on ThyssenKrupp and gave the company a “buy” rating in a report on Friday, February 16th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the company. ThyssenKrupp has a consensus rating of “Buy” and an average target price of €28.23 ($34.85).
ThyssenKrupp (FRA:TKA) traded up €0.21 ($0.26) during midday trading on Wednesday, hitting €21.59 ($26.65). The stock had a trading volume of 2,229,364 shares. The company has a market capitalization of $13,480.00 and a P/E ratio of 41.52. ThyssenKrupp has a 52-week low of €20.70 ($25.56) and a 52-week high of €27.01 ($33.35).
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.
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