ThyssenKrupp (FRA:TKA) has been assigned a €21.00 ($25.00) price target by equities researchers at Kepler Capital Markets in a report released on Tuesday. The firm currently has a “sell” rating on the basic materials company’s stock. Kepler Capital Markets’ price objective suggests a potential downside of 6.60% from the company’s current price.
Several other equities research analysts also recently weighed in on the company. Independent Research set a €27.00 ($32.14) price target on ThyssenKrupp and gave the stock a “neutral” rating in a research report on Monday, August 28th. UBS set a €25.00 ($29.76) price target on ThyssenKrupp and gave the stock a “neutral” rating in a research report on Friday, October 20th. Deutsche Bank set a €30.00 ($35.71) price target on ThyssenKrupp and gave the stock a “buy” rating in a research report on Friday, September 8th. Royal Bank Of Canada set a €29.00 ($34.52) target price on ThyssenKrupp and gave the company a “buy” rating in a research report on Wednesday, September 13th. Finally, Commerzbank set a €32.00 ($38.10) target price on ThyssenKrupp and gave the company a “buy” rating in a research report on Friday, October 27th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €27.85 ($33.15).
Shares of ThyssenKrupp (FRA:TKA) opened at €22.49 ($26.77) on Tuesday. ThyssenKrupp has a 12-month low of €21.11 ($25.13) and a 12-month high of €27.01 ($32.15).
thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The companys Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segments 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.
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