ThyssenKrupp (FRA:TKA) PT Set at €13.00 by Baader Bank
Baader Bank set a €13.00 ($15.12) price objective on ThyssenKrupp (FRA:TKA) in a report issued on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.
Several other research analysts have also commented on the company. JPMorgan Chase & Co. set a €13.00 ($15.12) price target on ThyssenKrupp and gave the stock a neutral rating in a research report on Thursday, May 16th. DZ Bank restated a neutral rating on shares of ThyssenKrupp in a research report on Monday, July 15th. HSBC set a €11.20 ($13.02) price target on ThyssenKrupp and gave the stock a neutral rating in a research report on Tuesday, July 16th. Nord/LB set a €12.50 ($14.53) price target on ThyssenKrupp and gave the stock a neutral rating in a research report on Thursday, June 20th. Finally, Barclays restated a sell rating on shares of ThyssenKrupp in a research report on Friday, July 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €17.03 ($19.81).
TKA opened at €10.26 ($11.92) on Thursday. ThyssenKrupp has a 52 week low of €20.70 ($24.07) and a 52 week high of €27.01 ($31.41). The stock’s fifty day moving average price is €11.70.
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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