ThyssenKrupp AG (TKA) Given Consensus Rating of “Buy” by Analysts

ThyssenKrupp AG (FRA:TKA) has received a consensus recommendation of “Buy” from the sixteen ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is €24.42 ($28.40).

A number of research firms recently commented on TKA. HSBC set a €27.00 ($31.40) price objective on ThyssenKrupp and gave the company a “buy” rating in a report on Friday, September 28th. Jefferies Financial Group set a €33.00 ($38.37) price objective on ThyssenKrupp and gave the company a “buy” rating in a report on Thursday, September 27th. UBS Group set a €30.00 ($34.88) price objective on ThyssenKrupp and gave the company a “buy” rating in a report on Friday, September 28th. Commerzbank set a €30.00 ($34.88) price objective on ThyssenKrupp and gave the company a “buy” rating in a report on Friday, September 28th. Finally, Kepler Capital Markets set a €35.00 ($40.70) price objective on ThyssenKrupp and gave the company a “buy” rating in a report on Friday, September 28th.

TKA stock opened at €17.16 ($19.95) on Monday. ThyssenKrupp has a twelve month low of €20.70 ($24.07) and a twelve month high of €27.01 ($31.41).

ThyssenKrupp Company Profile

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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