ThyssenKrupp (TKA) PT Set at €25.00 by Baader Bank

ThyssenKrupp (FRA:TKA) received a €25.00 ($29.76) price target from research analysts at Baader Bank in a research report issued to clients and investors on Friday. The firm presently has a “neutral” rating on the basic materials company’s stock. Baader Bank’s price objective suggests a potential upside of 4.47% from the stock’s previous close.

Several other analysts have also commented on TKA. Commerzbank set a €29.00 ($34.52) price target on ThyssenKrupp and gave the company a “buy” rating in a research note on Thursday, August 24th. Warburg Research set a €32.00 ($38.10) price target on ThyssenKrupp and gave the company a “buy” rating in a research note on Friday, August 25th. Independent Research set a €27.00 ($32.14) price target on ThyssenKrupp and gave the company a “neutral” rating in a research note on Monday, August 28th. Berenberg Bank set a €32.50 ($38.69) price target on ThyssenKrupp and gave the company a “buy” rating in a research note on Thursday, August 31st. Finally, Deutsche Bank set a €30.00 ($35.71) price target on ThyssenKrupp and gave the company a “buy” rating in a research note on Friday, September 8th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of €27.93 ($33.26).

Shares of ThyssenKrupp (TKA) opened at €23.93 ($28.49) on Friday. The company has a market capitalization of $14,910.00 and a price-to-earnings ratio of 64.68. ThyssenKrupp has a one year low of €21.17 ($25.20) and a one year 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.

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