Kepler Capital Markets set a €15.00 ($17.44) target price on ThyssenKrupp (FRA:TKA) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the basic materials company’s stock.
TKA has been the subject of a number of other research reports. Commerzbank set a €14.30 ($16.63) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Friday, August 9th. Barclays set a €10.00 ($11.63) price objective on ThyssenKrupp and gave the company a sell rating in a research note on Wednesday, October 9th. DZ Bank reissued a neutral rating on shares of ThyssenKrupp in a research note on Wednesday, September 18th. Nord/LB set a €11.00 ($12.79) price objective on ThyssenKrupp and gave the company a neutral rating in a research note on Thursday, August 8th. Finally, Jefferies Financial Group set a €16.00 ($18.60) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Tuesday, September 24th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of €15.26 ($17.74).
Shares of ThyssenKrupp stock opened at €13.00 ($15.11) on Friday. ThyssenKrupp has a 52 week low of €20.70 ($24.07) and a 52 week high of €27.01 ($31.41). The stock has a 50 day moving average price of €12.39 and a two-hundred day moving average price of €12.04.
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.
Further Reading: What is the NASDAQ Stock Market?
Receive News & Ratings for ThyssenKrupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp and related companies with MarketBeat.com's FREE daily email newsletter.