ThyssenKrupp (TKA) PT Set at €33.00 by Credit Suisse Group
Credit Suisse Group set a €33.00 ($40.74) price objective on ThyssenKrupp (FRA:TKA) in a research report report published on Tuesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.
Other research analysts have also issued research reports about the company. Nord/LB set a €30.00 ($37.04) target price on ThyssenKrupp and gave the company a buy rating in a report on Thursday, November 23rd. Commerzbank set a €32.00 ($39.51) target price on ThyssenKrupp and gave the company a buy rating in a report on Thursday, November 23rd. Royal Bank of Canada set a €32.00 ($39.51) target price on ThyssenKrupp and gave the company a buy rating in a report on Wednesday, November 22nd. DZ Bank reaffirmed a buy rating on shares of ThyssenKrupp in a report on Thursday, November 16th. Finally, set a €27.00 ($33.33) target price on ThyssenKrupp and gave the company a buy rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have assigned a buy rating to the stock. ThyssenKrupp has a consensus rating of Buy and a consensus target price of €28.28 ($34.92).
ThyssenKrupp (FRA:TKA) opened at €20.93 ($25.84) on Tuesday. The firm has a market capitalization of $13,310.00 and a PE ratio of 40.25. ThyssenKrupp has a twelve month low of €21.11 ($26.06) and a twelve month high of €27.01 ($33.35).
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. Its Elevator Technology segment is involved in the construction, modernization, and servicing of elevators, escalators, moving walks, and stairs and platform lifts, as well as passenger boarding bridges.
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