Independent Research set a €20.00 ($23.26) target price on ThyssenKrupp (FRA:TKA) in a research note issued to investors on Friday. The firm currently has a neutral rating on the basic materials company’s stock.
A number of other equities research analysts have also commented on the company. Baader Bank set a €25.00 ($29.07) target price on ThyssenKrupp and gave the company a neutral rating in a research report on Friday. JPMorgan Chase & Co. set a €22.50 ($26.16) price objective on ThyssenKrupp and gave the stock a neutral rating in a research report on Thursday. Kepler Capital Markets set a €35.00 ($40.70) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Thursday. Barclays restated a sell rating on shares of ThyssenKrupp in a research report on Wednesday. Finally, Commerzbank set a €30.00 ($34.88) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Tuesday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of €26.55 ($30.87).
FRA TKA traded down €1.73 ($2.01) during trading hours on Friday, reaching €17.33 ($20.15). The stock had a trading volume of 14,333,765 shares. ThyssenKrupp has a 52-week low of €20.70 ($24.07) and a 52-week 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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