ThyssenKrupp (FRA:TKA) has been given a €22.00 ($25.58) price objective by research analysts at Nord/LB in a research report issued on Friday, November 9th. The brokerage presently has a “buy” rating on the basic materials company’s stock. Nord/LB’s price objective points to a potential upside of 28.43% from the company’s current price.
A number of other equities analysts also recently commented on the company. Commerzbank set a €30.00 ($34.88) price objective on ThyssenKrupp and gave the stock a “buy” rating in a report on Tuesday, October 16th. UBS Group set a €30.00 ($34.88) target price on ThyssenKrupp and gave the stock a “buy” rating in a research report on Tuesday, October 16th. Barclays reaffirmed a “sell” rating on shares of ThyssenKrupp in a research report on Wednesday, November 7th. Jefferies Financial Group set a €32.00 ($37.21) target price on ThyssenKrupp and gave the stock a “buy” rating in a research report on Monday, October 15th. Finally, Kepler Capital Markets set a €35.00 ($40.70) price objective on ThyssenKrupp and gave the company a “buy” rating in a research report on Monday, September 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €24.27 ($28.22).
FRA TKA traded up €0.63 ($0.73) on Friday, hitting €17.13 ($19.92). 4,223,930 shares of the company were exchanged. ThyssenKrupp has a twelve month low of €20.70 ($24.07) and a twelve month high of €27.01 ($31.41).
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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