ThyssenKrupp AG (TKA) Receives Average Rating of “Buy” from Brokerages

ThyssenKrupp AG (FRA:TKA) has been given an average recommendation of “Buy” by the sixteen ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is €24.05 ($27.97).

Several research firms recently commented on TKA. HSBC set a €27.00 ($31.40) target price on ThyssenKrupp and gave the company a “buy” rating in a research note on Friday, September 28th. Jefferies Financial Group set a €33.00 ($38.37) target price on ThyssenKrupp and gave the company a “buy” rating in a research note on Thursday, September 27th. UBS Group set a €30.00 ($34.88) target price on ThyssenKrupp and gave the company a “buy” rating in a research note on Friday, September 28th. Commerzbank set a €30.00 ($34.88) target price on ThyssenKrupp and gave the company a “buy” rating in a research note on Friday, September 28th. Finally, Kepler Capital Markets set a €35.00 ($40.70) target price on ThyssenKrupp and gave the company a “buy” rating in a research note on Friday, September 28th.

ThyssenKrupp stock traded down €0.06 ($0.07) during trading on Monday, hitting €15.92 ($18.51). The company’s stock had a trading volume of 2,688,533 shares. ThyssenKrupp has a 1-year low of €20.70 ($24.07) and a 1-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.

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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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