Kepler Capital Markets set a €23.00 ($26.74) price objective on ThyssenKrupp (FRA:TKA) in a report issued on Friday. The brokerage currently has a neutral rating on the basic materials company’s stock.
TKA has been the subject of a number of other reports. Societe Generale set a €29.60 ($34.42) price target on ThyssenKrupp and gave the company a buy rating in a report on Wednesday, March 7th. DZ Bank reaffirmed a neutral rating on shares of ThyssenKrupp in a report on Wednesday, May 16th. Nord/LB set a €30.00 ($34.88) price target on ThyssenKrupp and gave the company a buy rating in a report on Wednesday, June 20th. JPMorgan Chase & Co. set a €26.00 ($30.23) price target on ThyssenKrupp and gave the company a neutral rating in a report on Monday, April 30th. Finally, Jefferies Financial Group set a €33.00 ($38.37) price target on ThyssenKrupp and gave the company a buy rating in a report on Wednesday, May 16th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of €27.47 ($31.94).
Shares of ThyssenKrupp stock traded up €0.22 ($0.26) during trading on Friday, reaching €20.82 ($24.21). The company’s stock had a trading volume of 3,018,416 shares. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one year high of €27.01 ($31.41).
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. 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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