Baader Bank set a €25.00 ($29.76) target price on ThyssenKrupp (FRA:TKA) in a report issued on Wednesday, January 3rd. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other research firms have also recently commented on TKA. Credit Suisse Group set a €32.00 ($38.10) target price on shares of ThyssenKrupp and gave the company a buy rating in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Wednesday, January 3rd. Independent Research set a €27.00 ($32.14) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Wednesday, January 3rd. Jefferies Group reissued a buy rating on shares of ThyssenKrupp in a research report on Monday, December 18th. Finally, Royal Bank of Canada set a €32.00 ($38.10) price target on shares of ThyssenKrupp and gave the stock a buy rating in a report on Friday, November 3rd. 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 company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €27.93 ($33.26).
Shares of ThyssenKrupp (FRA TKA) opened at €25.25 ($30.06) on Wednesday. ThyssenKrupp has a 52-week low of €21.17 ($25.20) and a 52-week high of €27.01 ($32.15). The firm has a market cap of $15,490.00 and a P/E ratio of 68.24.
WARNING: This story was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.dispatchtribunal.com/2018/01/12/thyssenkrupp-tka-pt-set-at-25-00-by-baader-bank.html.
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.
Receive News & Ratings for ThyssenKrupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp and related companies with MarketBeat.com's FREE daily email newsletter.