Kepler Capital Markets Analysts Give ThyssenKrupp (FRA:TKA) a €15.00 Price Target
Kepler Capital Markets set a €15.00 ($17.44) target price on ThyssenKrupp (FRA:TKA) in a report released on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.
TKA has been the subject of several other research reports. Barclays set a €10.00 ($11.63) price target on ThyssenKrupp and gave the company a sell rating in a report on Monday, November 11th. Commerzbank set a €14.30 ($16.63) price objective on ThyssenKrupp and gave the stock a buy rating in a research note on Friday, August 9th. Jefferies Financial Group set a €14.80 ($17.21) price objective on ThyssenKrupp and gave the stock a buy rating in a research note on Wednesday, November 27th. Baader Bank set a €13.00 ($15.12) price objective on ThyssenKrupp and gave the company a neutral rating in a research report on Thursday. Finally, Credit Suisse Group set a €9.00 ($10.47) price objective on ThyssenKrupp and gave the company a sell rating in a research note on Friday, November 22nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €14.33 ($16.67).
ThyssenKrupp stock traded up €0.21 ($0.24) during trading on Thursday, reaching €11.57 ($13.45). The company had a trading volume of 1,297,120 shares. 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 €12.77 and its 200 day simple moving average is €12.00.
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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