Warburg Research set a €31.00 ($36.90) target price on ThyssenKrupp (FRA:TKA) in a research report released on Tuesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other equities analysts also recently commented on TKA. Royal Bank of Canada set a €29.00 ($34.52) price objective on shares of ThyssenKrupp and gave the company a buy rating in a research note on Tuesday, August 15th. DZ Bank reaffirmed a buy rating on shares of ThyssenKrupp in a research note on Monday, August 14th. Commerzbank set a €32.00 ($38.10) price objective on shares of ThyssenKrupp and gave the company a buy rating in a research note on Monday, December 11th. Barclays set a €21.00 ($25.00) price objective on shares of ThyssenKrupp and gave the company a sell rating in a research note on Tuesday, October 3rd. Finally, Kepler Capital Markets set a €21.00 ($25.00) price objective on shares of ThyssenKrupp and gave the company a sell rating in a research note on Tuesday, December 5th. Four 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 presently has an average rating of Hold and an average price target of €27.89 ($33.20).

ThyssenKrupp (FRA TKA) opened at €23.45 ($27.91) on Tuesday. ThyssenKrupp has a one year low of €21.17 ($25.20) and a one year high of €27.01 ($32.15).

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ThyssenKrupp Company Profile

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. This segment’s 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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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