Barclays set a €9.50 ($11.05) price objective on ThyssenKrupp (FRA:TKA) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a sell rating on the basic materials company’s stock.
TKA has been the topic of several other reports. Jefferies Financial Group set a €14.95 ($17.38) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Thursday. Credit Suisse Group set a €9.00 ($10.47) price objective on ThyssenKrupp and gave the company a sell rating in a research note on Tuesday, January 21st. Nord/LB set a €11.00 ($12.79) price objective on ThyssenKrupp and gave the company a neutral rating in a research note on Tuesday, November 26th. DZ Bank restated a neutral rating and set a price objective on shares of ThyssenKrupp in a research note on Friday, November 22nd. Finally, Morgan Stanley set a €12.20 ($14.19) price objective on ThyssenKrupp and gave the company a neutral rating in a research note on Friday, January 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €12.38 ($14.40).
FRA:TKA traded up €0.04 ($0.05) during trading hours on Thursday, hitting €11.19 ($13.01). 2,660,484 shares of the company traded hands. The firm’s 50-day simple moving average is €11.65 and its 200-day simple moving average is €11.92. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one year high of €27.01 ($31.41).
thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.
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