Credit Suisse Group set a €32.00 ($38.10) price objective on ThyssenKrupp (FRA:TKA) in a report released on Tuesday morning. The firm currently has a buy rating on the basic materials company’s stock.

Several other equities research analysts have also commented on TKA. 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, September 8th. Barclays set a €21.00 ($25.00) price objective on ThyssenKrupp and gave the stock a neutral rating in a research report on Tuesday, September 12th. Baader Bank set a €25.00 ($29.76) price objective on ThyssenKrupp and gave the stock a neutral rating in a research report on Tuesday, September 12th. Royal Bank of Canada set a €29.00 ($34.52) price objective on ThyssenKrupp and gave the stock a buy rating in a research report on Wednesday, September 13th. Finally, UBS Group set a €20.50 ($24.40) price objective on ThyssenKrupp and gave the stock a sell rating in a research report on Wednesday, September 13th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The company has an average rating of Hold and an average price target of €27.93 ($33.26).

Shares of ThyssenKrupp (FRA TKA) opened at €25.02 ($29.79) on Tuesday. ThyssenKrupp has a 52-week low of €21.17 ($25.20) and a 52-week high of €27.01 ($32.15). The company has a market capitalization of $15,580.00 and a P/E ratio of 67.62.

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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. This segment’s 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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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