Credit Suisse Group Reiterates €32.00 Price Target for ThyssenKrupp (TKA)

Credit Suisse Group set a €32.00 ($38.10) price target on ThyssenKrupp (FRA:TKA) in a report published on Monday. The firm currently has a buy rating on the basic materials company’s stock.

Several other equities analysts have also recently issued reports on TKA. Berenberg Bank set a €28.50 ($33.93) price objective on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Thursday, August 10th. Commerzbank set a €32.00 ($38.10) price objective on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Wednesday, September 20th. BNP Paribas set a €35.00 ($41.67) price objective on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Thursday, September 21st. J P Morgan Chase & Co set a €28.00 ($33.33) price objective on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Friday, August 11th. Finally, Deutsche Bank set a €30.00 ($35.71) price objective on shares of ThyssenKrupp and gave the stock a buy rating in a research note on Friday, August 11th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the stock. ThyssenKrupp has an average rating of Hold and an average price target of €27.85 ($33.15).

Shares of ThyssenKrupp (FRA TKA) opened at €22.49 ($26.77) on Monday. ThyssenKrupp has a 52-week low of €21.11 ($25.13) and a 52-week high of €27.01 ($32.15).

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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. This segment’s products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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