Credit Suisse Group Analysts Give ThyssenKrupp (TKA) a €34.00 Price Target

ThyssenKrupp (FRA:TKA) has been given a €34.00 ($41.98) price target by equities researchers at Credit Suisse Group in a report issued on Wednesday. The brokerage currently has a “buy” rating on the basic materials company’s stock. Credit Suisse Group’s price target indicates a potential upside of 46.24% from the company’s previous close.

Several other analysts have also issued reports on TKA. Nord/LB set a €30.00 ($37.04) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Tuesday, January 30th. Barclays set a €20.00 ($24.69) price objective on shares of ThyssenKrupp and gave the company a “sell” rating in a report on Monday, January 29th. Commerzbank set a €32.00 ($39.51) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Thursday, January 25th. set a €27.00 ($33.33) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, DZ Bank restated a “buy” rating on shares of ThyssenKrupp in a report on Thursday, November 16th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €28.64 ($35.36).

Shares of ThyssenKrupp (FRA:TKA) opened at €23.25 ($28.70) on Wednesday. The stock has a market cap of $14,770.00 and a PE ratio of 62.84. ThyssenKrupp has a fifty-two week low of €21.17 ($26.14) and a fifty-two week high of €27.01 ($33.35).

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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. Its Elevator Technology segment is involved in the construction, modernization, and servicing of elevators, escalators, moving walks, and stairs and platform lifts, as well as passenger boarding bridges.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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