ThyssenKrupp’s (TKA) “Sell” Rating Reaffirmed at Barclays

Barclays reaffirmed their sell rating on shares of ThyssenKrupp (FRA:TKA) in a report released on Wednesday.

Several other research analysts have also recently commented on the company. Commerzbank set a €30.00 ($34.88) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, October 16th. Jefferies Financial Group set a €32.00 ($37.21) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Monday, October 15th. UBS Group set a €30.00 ($34.88) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, October 16th. Nord/LB set a €26.00 ($30.23) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Friday, August 10th. Finally, Kepler Capital Markets set a €35.00 ($40.70) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Monday, September 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the stock. ThyssenKrupp presently has an average rating of Buy and an average price target of €26.55 ($30.87).

FRA:TKA opened at €17.33 ($20.15) on Wednesday. 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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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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