Independent Research set a €23.50 ($27.33) price objective on ThyssenKrupp (FRA:TKA) in a research report released on Monday. The firm currently has a neutral rating on the basic materials company’s stock.
Several other equities analysts have also commented on TKA. Commerzbank set a €30.00 ($34.88) price objective on shares of ThyssenKrupp and gave the company a buy rating in a research report on Thursday, June 28th. Jefferies Financial Group set a €33.00 ($38.37) price objective on shares of ThyssenKrupp and gave the company a buy rating in a research report on Monday. Baader Bank set a €25.00 ($29.07) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Monday. HSBC set a €27.00 ($31.40) target price on shares of ThyssenKrupp and gave the company a buy rating in a research note on Monday. Finally, JPMorgan Chase & Co. set a €25.50 ($29.65) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Monday. Two analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of €27.34 ($31.79).
ThyssenKrupp opened at €20.60 ($23.95) on Monday, Marketbeat reports. ThyssenKrupp has a 52 week low of €20.70 ($24.07) and a 52 week 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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