Independent Research Analysts Give ThyssenKrupp (TKA) a €20.00 Price Target

Independent Research set a €20.00 ($23.26) target price on ThyssenKrupp (FRA:TKA) in a report released on Friday. The brokerage currently has a neutral rating on the basic materials company’s stock.

Several other research analysts also recently commented on TKA. Citigroup set a €26.00 ($30.23) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Thursday, July 12th. Jefferies Financial Group set a €33.00 ($38.37) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Monday, July 16th. Commerzbank set a €30.00 ($34.88) price objective on ThyssenKrupp and gave the company a buy rating in a research note on Monday, July 16th. JPMorgan Chase & Co. set a €25.50 ($29.65) price objective on ThyssenKrupp and gave the company a neutral rating in a research note on Tuesday, July 17th. Finally, DZ Bank reissued a neutral rating on shares of ThyssenKrupp in a research note on Tuesday, July 17th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. ThyssenKrupp currently has an average rating of Buy and an average price target of €26.55 ($30.87).

FRA TKA traded down €1.73 ($2.01) during mid-day trading on Friday, hitting €17.33 ($20.15). The stock had a trading volume of 14,333,765 shares. ThyssenKrupp has a twelve month low of €20.70 ($24.07) and a twelve month high of €27.01 ($31.41).

About ThyssenKrupp

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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