JPMorgan Chase & Co. set a €25.00 ($29.76) target price on ThyssenKrupp (FRA:TKA) in a research report report published on Wednesday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.
Several other brokerages also recently commented on TKA. Baader Bank set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Thursday, December 28th. Commerzbank set a €32.00 ($38.10) target price on shares of ThyssenKrupp and gave the company a buy rating in a research note on Thursday, November 23rd. Independent Research set a €28.00 ($33.33) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Tuesday, September 26th. Kepler Capital Markets set a €21.00 ($25.00) price objective on shares of ThyssenKrupp and gave the stock a sell rating in a research report on Tuesday, December 5th. Finally, Credit Suisse Group set a €35.30 ($42.02) price objective on shares of ThyssenKrupp and gave the stock a buy rating in a research report on Thursday, September 21st. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €27.93 ($33.26).
Shares of ThyssenKrupp (FRA:TKA) traded down €0.02 ($0.02) during trading hours on Wednesday, reaching €25.08 ($29.86). 2,482,894 shares of the company’s stock traded hands. ThyssenKrupp has a 1 year low of €21.17 ($25.20) and a 1 year high of €27.01 ($32.15). The company has a market capitalization of $15,650.00 and a P/E ratio of 67.78.
ThyssenKrupp Company Profile
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The companys Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segments products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.
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