Brokerages Set ThyssenKrupp AG (FRA:TKA) Price Target at €18.57

Shares of ThyssenKrupp AG (FRA:TKA) have been assigned a consensus rating of “Hold” from the sixteen brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is €18.46 ($21.47).

A number of research firms have recently commented on TKA. Baader Bank set a €230.00 ($267.44) target price on Wirecard and gave the company a “buy” rating in a research note on Monday, May 13th. Barclays reissued a “hold” rating and issued a $102.00 price objective on shares of Cboe Global Markets in a research note on Friday, July 12th. Kepler Capital Markets set a €43.00 ($50.00) price objective on United Internet and gave the stock a “buy” rating in a research note on Monday, May 20th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Cisco Systems in a research note on Thursday, May 16th. Finally, Independent Research set a €13.00 ($15.12) price objective on ThyssenKrupp and gave the stock a “neutral” rating in a research note on Wednesday, July 3rd.

Shares of TKA traded up €0.08 ($0.09) during mid-day trading on Tuesday, reaching €11.33 ($13.17). 4,497,947 shares of the company’s stock traded hands. The firm’s 50-day moving average is €11.93. ThyssenKrupp has a 12 month low of €20.70 ($24.07) and a 12 month high of €27.01 ($31.41).

About ThyssenKrupp

thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.

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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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