ThyssenKrupp (FRA:TKA) Rating Reiterated by DZ Bank

ThyssenKrupp (FRA:TKA)‘s stock had its “neutral” rating reaffirmed by equities research analysts at DZ Bank in a research report issued to clients and investors on Monday, Borsen Zeitung reports.

A number of other equities analysts have also recently issued reports on TKA. JPMorgan Chase & Co. reissued a “buy” rating on shares of Cisco Systems in a research report on Thursday, May 16th. Barclays reissued a “hold” rating and set a $102.00 target price on shares of Cboe Global Markets in a research report on Friday, July 12th. Baader Bank set a €230.00 ($267.44) target price on shares of Wirecard and gave the stock a “buy” rating in a research report on Monday, May 13th. Jefferies Financial Group lifted their target price on shares of Linde from $205.00 to $216.00 and gave the stock a “buy” rating in a research report on Tuesday, May 28th. They noted that the move was a valuation call. Finally, Kepler Capital Markets set a €43.00 ($50.00) target price on shares of United Internet and gave the stock a “buy” rating in a research report on Monday, May 20th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company’s stock. ThyssenKrupp presently has an average rating of “Hold” and an average price target of €18.38 ($21.37).

TKA stock opened at €11.60 ($13.48) on Monday. The stock’s 50-day moving average is €11.96. ThyssenKrupp has a 1 year low of €20.70 ($24.07) and a 1 year high of €27.01 ($31.41).

ThyssenKrupp Company Profile

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.

Further Reading: What is meant by a buy rating?

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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