JPMorgan Chase & Co. set a €22.50 ($26.16) target price on ThyssenKrupp (FRA:TKA) in a research note issued to investors on Friday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

Several other research firms have also weighed in on TKA. Commerzbank set a €30.00 ($34.88) target price on ThyssenKrupp and gave the company a buy rating in a research note on Friday, July 27th. Credit Suisse Group set a €30.00 ($34.88) target price on ThyssenKrupp and gave the company a buy rating in a research note on Friday, July 27th. Barclays set a €20.00 ($23.26) target price on ThyssenKrupp and gave the company a sell rating in a research note on Wednesday, July 25th. Kepler Capital Markets set a €35.00 ($40.70) target price on ThyssenKrupp and gave the company a buy rating in a research note on Tuesday, July 31st. Finally, Independent Research set a €23.50 ($27.33) target price on ThyssenKrupp and gave the company a neutral rating in a research note on Tuesday, July 17th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the company. ThyssenKrupp presently has an average rating of Buy and an average target price of €27.19 ($31.61).

FRA:TKA traded up €0.18 ($0.21) during mid-day trading on Friday, hitting €20.10 ($23.37). The company had a trading volume of 2,713,029 shares. ThyssenKrupp has a fifty-two week low of €20.70 ($24.07) and a fifty-two week high of €27.01 ($31.41).

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. 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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