Credit Suisse Group Analysts Give ThyssenKrupp (TKA) a €32.00 Price Target

Credit Suisse Group set a €32.00 ($38.10) target price on ThyssenKrupp (FRA:TKA) in a research note issued to investors on Wednesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. 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, December 22nd. Independent Research set a €27.00 ($32.14) price target on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Friday, December 22nd. Baader Bank set a €25.00 ($29.76) price target on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Friday, December 22nd. Jefferies Group reiterated a buy rating on shares of ThyssenKrupp in a research note on Monday, December 18th. Finally, Warburg Research set a €31.00 ($36.90) price target on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, December 12th. 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 company. The stock has an average rating of Hold and a consensus price target of €27.93 ($33.26).

Shares of ThyssenKrupp (TKA) opened at €24.22 ($28.83) on Wednesday. ThyssenKrupp has a 12-month low of €21.17 ($25.20) and a 12-month high of €27.01 ($32.15). The company has a market cap of $14,970.00 and a PE ratio of 65.45.

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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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