Baader Bank set a €13.00 ($15.12) price objective on ThyssenKrupp (FRA:TKA) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other brokerages have also commented on TKA. Commerzbank set a €14.30 ($16.63) price target on ThyssenKrupp and gave the company a buy rating in a report on Friday, August 9th. Barclays set a €10.00 ($11.63) price objective on ThyssenKrupp and gave the stock a sell rating in a research report on Monday, November 11th. Kepler Capital Markets set a €15.00 ($17.44) price objective on ThyssenKrupp and gave the stock a buy rating in a report on Thursday, November 21st. Macquarie set a €13.30 ($15.47) target price on ThyssenKrupp and gave the company a neutral rating in a research report on Tuesday, September 24th. Finally, DZ Bank restated a neutral rating and issued a target price on shares of ThyssenKrupp in a research note on Friday, November 22nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. ThyssenKrupp has an average rating of Hold and an average target price of €14.33 ($16.67).
Shares of FRA TKA opened at €11.57 ($13.45) on Thursday. The company has a fifty day moving average price of €12.74 and a 200 day moving average price of €12.00. 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 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.
Featured Story: Why is cost of goods sold important?
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.