Brokerages Set ThyssenKrupp AG (TKA) PT at $28.23

ThyssenKrupp AG (FRA:TKA) has been given a consensus rating of “Buy” by the twenty-four analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €28.23 ($34.85).

Several analysts have weighed in on TKA shares. Baader Bank set a €25.00 ($30.86) price objective on shares of ThyssenKrupp and gave the stock a “neutral” rating in a research note on Thursday, December 28th. Kepler Capital Markets set a €21.00 ($25.93) price objective on shares of ThyssenKrupp and gave the stock a “sell” rating in a research note on Tuesday, December 5th. Barclays set a €20.00 ($24.69) price objective on shares of ThyssenKrupp and gave the stock a “sell” rating in a research note on Monday, January 29th. Credit Suisse Group set a €32.00 ($39.51) price objective on shares of ThyssenKrupp and gave the stock a “buy” rating in a research note on Monday, December 4th. Finally, Warburg Research set a €31.00 ($38.27) price objective on shares of ThyssenKrupp and gave the stock a “buy” rating in a research note on Wednesday, February 14th.

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ThyssenKrupp stock remained flat at $€21.19 ($26.16) during midday trading on Wednesday. ThyssenKrupp has a 1 year low of €20.70 ($25.56) and a 1 year high of €27.01 ($33.35).

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ThyssenKrupp Company Profile

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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