ThyssenKrupp (FRA:TKA) Stock Rating Reaffirmed by Barclays
Several other research firms have also commented on TKA. JPMorgan Chase & Co. reissued a buy rating on shares of Cisco Systems in a research note on Thursday, May 16th. Nord/LB set a €12.50 ($14.53) price objective on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Thursday, June 20th. Jefferies Financial Group boosted their price objective on shares of Linde from $205.00 to $216.00 and gave the stock a buy rating in a research note on Tuesday, May 28th. They noted that the move was a valuation call. DZ Bank reissued a neutral rating on shares of 1&1 Drillisch in a research note on Thursday, May 16th. Finally, Kepler Capital Markets set a €43.00 ($50.00) price objective on shares of United Internet and gave the stock a buy rating in a research note on Monday, May 20th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €18.44 ($21.44).
FRA:TKA opened at €11.48 ($13.35) on Friday. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one year high of €27.01 ($31.41). The business’s 50-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.
Further Reading: Why is the ex-dividend date different from the record date?
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