ThyssenKrupp (FRA:TKA) received a €32.00 ($38.10) price objective from analysts at Credit Suisse Group in a research note issued on Monday. The firm presently has a “buy” rating on the basic materials company’s stock. Credit Suisse Group’s price objective would indicate a potential upside of 41.53% from the company’s current price.
Several other research analysts also recently commented on TKA. Independent Research set a €27.00 ($32.14) price target on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Monday, August 28th. Kepler Capital Markets set a €21.00 ($25.00) price target on shares of ThyssenKrupp and gave the company a “sell” rating in a report on Friday, October 13th. UBS set a €25.00 ($29.76) price target on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Friday, October 20th. Deutsche Bank set a €30.00 ($35.71) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Friday, September 8th. Finally, Royal Bank Of Canada set a €29.00 ($34.52) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Wednesday, September 13th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. ThyssenKrupp has a consensus rating of “Hold” and an average target price of €27.85 ($33.15).
ThyssenKrupp (TKA) opened at €22.61 ($26.92) on Monday. ThyssenKrupp has a one year low of €21.11 ($25.13) and a one year high of €27.01 ($32.15).
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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