Warburg Research set a €31.00 ($38.27) target price on ThyssenKrupp (FRA:TKA) in a report published on Wednesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.
A number of other equities analysts also recently issued reports on TKA. Jefferies Group restated a buy rating on shares of ThyssenKrupp in a research report on Monday, December 18th. Barclays set a €20.00 ($24.69) price objective on ThyssenKrupp and gave the stock a sell rating in a research report on Tuesday, December 12th. Credit Suisse Group set a €32.00 ($39.51) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Monday, January 15th. UBS Group set a €25.00 ($30.86) price objective on ThyssenKrupp and gave the stock a neutral rating in a research report on Friday, October 20th. Finally, Kepler Capital Markets set a €21.00 ($25.93) price objective on ThyssenKrupp and gave the stock a sell rating in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of €28.60 ($35.30).
Shares of ThyssenKrupp (TKA) opened at €23.07 ($28.48) on Wednesday. ThyssenKrupp has a 12 month low of €21.17 ($26.14) and a 12 month high of €27.01 ($33.35). The company has a market capitalization of $14,620.00 and a PE ratio of 44.37.
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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