ThyssenKrupp (TKA) PT Set at €25.00 by Baader Bank

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Baader Bank set a €25.00 ($29.07) price objective on ThyssenKrupp (FRA:TKA) in a report issued on Friday morning. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other brokerages have also recently weighed in on TKA. Credit Suisse Group set a €30.00 ($34.88) price target on ThyssenKrupp and gave the stock a buy rating in a research report on Friday, July 27th. Commerzbank set a €30.00 ($34.88) price target on ThyssenKrupp and gave the stock a buy rating in a research report on Friday, July 27th. Barclays set a €20.00 ($23.26) price target on ThyssenKrupp and gave the stock a sell rating in a research report on Wednesday, July 25th. Kepler Capital Markets set a €35.00 ($40.70) price target on ThyssenKrupp and gave the stock a buy rating in a research report on Tuesday, July 31st. Finally, JPMorgan Chase & Co. set a €25.50 ($29.65) price target on ThyssenKrupp and gave the stock a neutral rating in a research report on Tuesday, July 31st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. ThyssenKrupp has an average rating of Buy and an average target price of €26.55 ($30.87).

Shares of ThyssenKrupp stock traded down €1.73 ($2.01) on Friday, reaching €17.33 ($20.15). 14,333,765 shares of the company were exchanged. ThyssenKrupp has a 1-year low of €20.70 ($24.07) and a 1-year high of €27.01 ($31.41).

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.

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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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