Credit Suisse Group set a €32.00 ($38.10) price objective on ThyssenKrupp (FRA:TKA) in a research report report published on Monday. The brokerage currently has a buy rating on the basic materials company’s stock.
Other analysts have also recently issued reports about the stock. Deutsche Bank set a €30.00 ($35.71) target price on shares of ThyssenKrupp and gave the company a buy rating in a report on Thursday, September 21st. Warburg Research set a €32.00 ($38.10) target price on shares of ThyssenKrupp and gave the company a buy rating in a report on Wednesday, September 20th. DZ Bank reaffirmed a buy rating on shares of ThyssenKrupp in a report on Wednesday, September 20th. Societe Generale set a €30.80 ($36.67) target price on shares of ThyssenKrupp and gave the company a buy rating in a report on Thursday, September 21st. Finally, BNP Paribas set a €35.00 ($41.67) target price on shares of ThyssenKrupp and gave the company a buy rating in a report on Thursday, September 21st. Four analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €27.93 ($33.26).
Shares of ThyssenKrupp (FRA TKA) opened at €25.08 ($29.86) on Monday. ThyssenKrupp has a twelve month low of €21.17 ($25.20) and a twelve month high of €27.01 ($32.15). The company has a market cap of $15,640.00 and a P/E ratio of 67.78.
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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