ThyssenKrupp (TKA) Given a €32.00 Price Target by Commerzbank Analysts

Commerzbank set a €32.00 ($39.51) target price on ThyssenKrupp (FRA:TKA) in a research report released on Wednesday. The firm currently has a buy rating on the basic materials company’s stock.

Other research analysts also recently issued reports about the stock. Royal Bank of Canada set a €33.00 ($40.74) price objective on shares of ThyssenKrupp and gave the company a buy rating in a research note on Tuesday, October 17th. Nord/LB set a €30.00 ($37.04) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Thursday, November 23rd. DZ Bank reissued a buy rating on shares of ThyssenKrupp in a report on Thursday, November 16th. set a €27.00 ($33.33) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Wednesday, November 1st. Finally, Credit Suisse Group set a €32.00 ($39.51) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Friday, November 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of €28.60 ($35.30).

ThyssenKrupp (FRA:TKA) opened at €23.07 ($28.48) on Wednesday. ThyssenKrupp has a 52 week low of €21.17 ($26.14) and a 52 week high of €27.01 ($33.35). The company has a market cap of $14,620.00 and a price-to-earnings ratio of 44.37.

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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. 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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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