ThyssenKrupp (TKA) Given a €38.00 Price Target at Jefferies Group
Jefferies Group set a €38.00 ($45.24) target price on ThyssenKrupp (FRA:TKA) in a research note issued to investors on Monday. The firm currently has a buy rating on the basic materials company’s stock.
TKA has been the subject of several other research reports. Nord/LB set a €30.00 ($35.71) target price on shares of ThyssenKrupp and gave the stock a buy rating in a research report on Monday, August 21st. J P Morgan Chase & Co set a €27.00 ($32.14) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research report on Wednesday, November 15th. UBS set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research report on Friday, October 20th. Deutsche Bank set a €30.00 ($35.71) target price on shares of ThyssenKrupp and gave the stock a buy rating in a research report on Friday, September 8th. Finally, Baader Bank set a €25.00 ($29.76) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a report on Friday, October 6th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €27.89 ($33.20).
ThyssenKrupp (TKA) opened at €23.20 ($27.61) on Monday. ThyssenKrupp has a 1 year low of €21.17 ($25.20) and a 1 year high of €27.01 ($32.15).
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The companys Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segments products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.
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