J P Morgan Chase & Co Reiterates “€25.00” Price Target for ThyssenKrupp (TKA)
J P Morgan Chase & Co set a €25.00 ($29.76) 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.
Other analysts have also recently issued reports about the stock. Berenberg Bank set a €28.50 ($33.93) price target on shares of ThyssenKrupp and gave the company a buy rating in a report on Thursday, August 10th. Commerzbank set a €32.00 ($38.10) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Wednesday, September 20th. BNP Paribas set a €35.00 ($41.67) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Thursday, September 21st. Credit Suisse Group set a €34.30 ($40.83) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Thursday, August 3rd. Finally, Deutsche Bank set a €30.00 ($35.71) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Friday, August 11th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of €27.85 ($33.15).
Shares of ThyssenKrupp (FRA TKA) opened at €22.57 ($26.86) on Friday. ThyssenKrupp has a 1-year low of €20.99 ($24.99) and a 1-year high of €27.01 ($32.15).
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ThyssenKrupp Company Profile
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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