ThyssenKrupp (TKA) Given a €23.00 Price Target at Jefferies Financial Group

ThyssenKrupp (FRA:TKA) has been given a €23.00 ($26.74) price objective by analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday, February 4th. The firm currently has a “buy” rating on the basic materials company’s stock. Jefferies Financial Group’s price target would indicate a potential upside of 73.72% from the stock’s current price.

A number of other research firms have also recently commented on TKA. UBS Group set a €30.00 ($34.88) target price on ThyssenKrupp and gave the company a “buy” rating in a research note on Wednesday, November 21st. Baader Bank set a €25.00 ($29.07) target price on ThyssenKrupp and gave the company a “neutral” rating in a research note on Friday, November 9th. HSBC set a €19.00 ($22.09) target price on ThyssenKrupp and gave the company a “neutral” rating in a research note on Wednesday, November 14th. JPMorgan Chase & Co. set a €17.00 ($19.77) target price on ThyssenKrupp and gave the company a “neutral” rating in a research note on Tuesday, January 22nd. Finally, Barclays reaffirmed a “sell” rating on shares of ThyssenKrupp in a research note on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. ThyssenKrupp currently has a consensus rating of “Buy” and a consensus price target of €22.76 ($26.47).

FRA TKA traded up €0.09 ($0.10) during trading hours on Monday, hitting €13.24 ($15.40). 2,486,716 shares of the company were exchanged. ThyssenKrupp has a 52 week low of €20.70 ($24.07) and a 52 week high of €27.01 ($31.41).

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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