ThyssenKrupp (FRA:TKA) has been assigned a €24.00 ($27.91) target price by analysts at Jefferies Financial Group in a report issued on Monday, November 12th. The brokerage presently has a “buy” rating on the basic materials company’s stock. Jefferies Financial Group’s target price would indicate a potential upside of 50.75% from the stock’s current price.
Several other analysts also recently weighed in on TKA. Credit Suisse Group set a €30.00 ($34.88) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a research note on Friday, July 27th. Commerzbank set a €30.00 ($34.88) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Friday, July 27th. Barclays set a €20.00 ($23.26) price objective on shares of ThyssenKrupp and gave the company a “sell” rating in a report on Wednesday, July 25th. Kepler Capital Markets set a €35.00 ($40.70) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Tuesday, July 31st. Finally, JPMorgan Chase & Co. set a €25.50 ($29.65) price target on shares of ThyssenKrupp and gave the stock a “neutral” rating in a report on Tuesday, July 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. ThyssenKrupp currently has an average rating of “Buy” and an average price target of €23.93 ($27.82).
FRA TKA traded down €0.06 ($0.07) during trading on Monday, hitting €15.92 ($18.51). The stock had a trading volume of 2,688,533 shares. 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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