Jefferies Financial Group set a €24.00 ($27.91) price objective on ThyssenKrupp (FRA:TKA) in a research note released on Wednesday. The firm currently has a buy rating on the basic materials company’s stock.
Other equities analysts have also issued reports about the company. Baader Bank set a €25.00 ($29.07) price target on ThyssenKrupp and gave the stock a neutral rating in a research report on Thursday, August 9th. Independent Research set a €23.50 ($27.33) price target on ThyssenKrupp and gave the stock a neutral rating in a research report on Thursday, August 9th. Cfra set a €23.00 ($26.74) price target on ThyssenKrupp and gave the stock a neutral rating in a research report on Friday, August 10th. Societe Generale set a €27.40 ($31.86) price target on ThyssenKrupp and gave the stock a buy rating in a research report on Tuesday, October 2nd. Finally, HSBC set a €27.00 ($31.40) price objective on ThyssenKrupp and gave the stock a buy rating in a report on Tuesday, August 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of €24.72 ($28.75).
TKA opened at €16.27 ($18.91) on Wednesday. ThyssenKrupp has a 1 year low of €20.70 ($24.07) and a 1 year high of €27.01 ($31.41).
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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