ThyssenKrupp AG (FRA:TKA) Receives €17.03 Average Target Price from Analysts

Shares of ThyssenKrupp AG (FRA:TKA) have been given an average recommendation of “Hold” by the fifteen ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is €16.25 ($18.90).

A number of research analysts recently issued reports on the company. Barclays set a €12.00 ($13.95) price target on ThyssenKrupp and gave the company a “sell” rating in a report on Thursday, August 8th. Macquarie set a €13.00 ($15.12) price objective on ThyssenKrupp and gave the stock a “neutral” rating in a research report on Tuesday, July 9th. Nord/LB set a €11.00 ($12.79) price objective on ThyssenKrupp and gave the stock a “neutral” rating in a research report on Thursday, August 8th. Kepler Capital Markets set a €20.00 ($23.26) price objective on ThyssenKrupp and gave the stock a “buy” rating in a research report on Monday, May 20th. Finally, Jefferies Financial Group set a €16.50 ($19.19) price objective on ThyssenKrupp and gave the stock a “buy” rating in a research report on Thursday, August 8th.

Shares of ThyssenKrupp stock traded down €0.21 ($0.24) during trading on Friday, reaching €9.41 ($10.94). The company’s stock had a trading volume of 7,678,172 shares. The stock has a 50-day moving average of €11.51. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one 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.

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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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