ThyssenKrupp AG (TKA) Given Consensus Recommendation of “Hold” by Brokerages
ThyssenKrupp AG (FRA:TKA) has earned a consensus recommendation of “Hold” from the twenty-four ratings firms that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is €27.71 ($32.99).
Several equities analysts have recently weighed in on TKA shares. Baader Bank set a €25.00 ($29.76) price objective on shares of ThyssenKrupp and gave the company a “neutral” rating in a research report on Thursday, December 28th. Commerzbank set a €32.00 ($38.10) price target on shares of ThyssenKrupp and gave the stock a “buy” rating in a research report on Thursday, November 23rd. Independent Research set a €28.00 ($33.33) price target on shares of ThyssenKrupp and gave the stock a “neutral” rating in a research report on Tuesday, September 26th. Kepler Capital Markets set a €21.00 ($25.00) price target on shares of ThyssenKrupp and gave the stock a “sell” rating in a research report on Tuesday, December 5th. Finally, Credit Suisse Group set a €35.30 ($42.02) price target on shares of ThyssenKrupp and gave the stock a “buy” rating in a research report on Thursday, September 21st.
ThyssenKrupp (FRA:TKA) opened at €25.58 ($30.45) on Friday. The firm has a market cap of $15,730.00 and a PE ratio of 69.14. ThyssenKrupp has a 1 year low of €21.17 ($25.20) and a 1 year high of €27.01 ($32.15).
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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