JPMorgan Chase & Co. set a €13.00 ($15.12) target price on ThyssenKrupp (FRA:TKA) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.
A number of other brokerages have also issued reports on TKA. UBS Group set a €28.00 ($32.56) target price on shares of ThyssenKrupp and gave the company a buy rating in a research note on Friday, February 1st. Jefferies Financial Group set a €23.00 ($26.74) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Wednesday, January 23rd. HSBC set a €17.00 ($19.77) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a report on Thursday, January 24th. Baader Bank set a €25.00 ($29.07) price objective on shares of ThyssenKrupp and gave the stock a neutral rating in a report on Monday, February 11th. Finally, Kepler Capital Markets set a €35.00 ($40.70) price objective on shares of ThyssenKrupp and gave the stock a buy rating in a report on Tuesday, February 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the stock. ThyssenKrupp has an average rating of Hold and an average price target of €19.64 ($22.84).
ThyssenKrupp stock traded down €0.74 ($0.86) during mid-day trading on Thursday, hitting €12.51 ($14.54). The company’s stock had a trading volume of 9,847,950 shares. ThyssenKrupp has a twelve month low of €20.70 ($24.07) and a twelve month high of €27.01 ($31.41).
thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.
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