DZ Bank Reiterates Neutral Rating for ThyssenKrupp (TKA)

DZ Bank restated their neutral rating on shares of ThyssenKrupp (FRA:TKA) in a report published on Friday morning.

A number of other research analysts have also recently commented on the stock. Commerzbank set a €30.00 ($34.88) price target on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, October 16th. UBS Group set a €30.00 ($34.88) price target on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, October 16th. Jefferies Financial Group set a €32.00 ($37.21) price target on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Monday, October 15th. Nord/LB set a €26.00 ($30.23) price target on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Friday, August 10th. Finally, Kepler Capital Markets set a €35.00 ($40.70) price target on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Monday, September 17th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of €26.55 ($30.87).

TKA traded down €1.73 ($2.01) during midday trading on Friday, reaching €17.33 ($20.15). 14,333,765 shares of the company’s stock were exchanged. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one year high of €27.01 ($31.41).

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. 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.

Further Reading: Why investors pay attention to retained earnings

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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.


Leave a Reply