ThyssenKrupp (TKA) Receives “Buy” Rating from Credit Suisse Group

Credit Suisse Group reaffirmed their buy rating on shares of ThyssenKrupp (FRA:TKA) in a research report report published on Thursday morning. They currently have a price objective on the basic materials company’s stock.

Several other research analysts also recently weighed in on the stock. Independent Research set a €27.00 ($32.14) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research report on Monday, August 28th. Kepler Capital Markets set a €21.00 ($25.00) target price on shares of ThyssenKrupp and gave the stock a sell rating in a research report on Friday, October 13th. UBS set a €25.00 ($29.76) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research report on Friday, October 20th. DZ Bank reissued a buy rating on shares of ThyssenKrupp in a research report on Friday, November 24th. Finally, Royal Bank of Canada set a €29.00 ($34.52) target price on shares of ThyssenKrupp and gave the stock a buy rating in a research report on Wednesday, September 13th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. ThyssenKrupp presently has an average rating of Hold and an average price target of €27.93 ($33.26).

ThyssenKrupp (FRA TKA) traded down €0.23 ($0.27) during midday trading on Thursday, hitting €23.93 ($28.49). 1,472,490 shares of the company were exchanged. ThyssenKrupp has a twelve month low of €21.17 ($25.20) and a twelve month high of €27.01 ($32.15).

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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. This segment’s 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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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