ThyssenKrupp (TKA) Given a €24.00 Price Target by Jefferies Financial Group Analysts

Jefferies Financial Group set a €24.00 ($27.91) target price on ThyssenKrupp (FRA:TKA) in a report published on Wednesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other analysts have also issued reports on TKA. Kepler Capital Markets set a €35.00 ($40.70) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Tuesday, July 31st. JPMorgan Chase & Co. set a €25.50 ($29.65) price target on ThyssenKrupp and gave the stock a neutral rating in a research note on Tuesday, July 31st. Independent Research set a €23.50 ($27.33) price target on ThyssenKrupp and gave the stock a neutral rating in a research note on Wednesday, August 1st. Baader Bank set a €25.00 ($29.07) price target on ThyssenKrupp and gave the stock a neutral rating in a research note on Wednesday, August 1st. Finally, Nord/LB set a €30.00 ($34.88) price target on ThyssenKrupp and gave the stock a buy rating in a research note on Wednesday, August 1st. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of €24.27 ($28.22).

Shares of FRA:TKA opened at €16.50 ($19.18) on Wednesday. ThyssenKrupp has a 1 year low of €20.70 ($24.07) and a 1 year high of €27.01 ($31.41).

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.

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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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