HSBC Analysts Give ThyssenKrupp (FRA:TKA) a €11.20 Price Target

HSBC set a €11.20 ($13.02) price objective on ThyssenKrupp (FRA:TKA) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.

TKA has been the topic of a number of other research reports. Commerzbank set a €14.30 ($16.63) price target on shares of ThyssenKrupp and gave the company a buy rating in a research note on Friday, August 9th. DZ Bank reiterated a neutral rating on shares of ThyssenKrupp in a research note on Thursday. Baader Bank set a €13.00 ($15.12) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Thursday, August 8th. Nord/LB set a €11.00 ($12.79) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Thursday, August 8th. Finally, Barclays set a €12.00 ($13.95) price target on shares of ThyssenKrupp and gave the company a sell rating in a research note on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. ThyssenKrupp presently has a consensus rating of Hold and an average target price of €16.25 ($18.90).

Shares of TKA opened at €9.52 ($11.07) on Thursday. ThyssenKrupp has a 52 week low of €20.70 ($24.07) and a 52 week high of €27.01 ($31.41). The firm’s 50-day simple moving average is €11.39 and its 200 day simple moving average is €12.46.

ThyssenKrupp Company Profile

thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.

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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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