ThyssenKrupp (FRA:TKA) received a €25.00 ($29.76) price objective from analysts at Independent Research in a note issued to investors on Thursday, November 23rd. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Independent Research’s target price points to a potential upside of 9.36% from the stock’s previous close.
A number of other equities analysts have also recently commented on TKA. UBS set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Thursday, November 23rd. J P Morgan Chase & Co set a €27.00 ($32.14) target price on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Thursday, November 23rd. Commerzbank set a €32.00 ($38.10) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a research report on Thursday, November 23rd. Royal Bank Of Canada set a €32.00 ($38.10) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a research report on Wednesday, November 22nd. Finally, DZ Bank reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Thursday, November 16th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €27.85 ($33.15).
Shares of ThyssenKrupp (FRA TKA) opened at €22.86 ($27.21) on Thursday. ThyssenKrupp has a 1-year low of €20.99 ($24.99) and a 1-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 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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