Barclays set a €14.50 ($16.86) target price on ThyssenKrupp (FRA:TKA) in a research report sent to investors on Friday morning. The firm currently has a sell rating on the basic materials company’s stock.

A number of other analysts have also weighed in on TKA. Baader Bank set a €25.00 ($29.07) target price on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Thursday, August 9th. UBS Group set a €30.00 ($34.88) price target on shares of ThyssenKrupp and gave the company a buy rating in a research note on Thursday, August 9th. Commerzbank set a €30.00 ($34.88) price target on shares of ThyssenKrupp and gave the company a buy rating in a research note on Thursday, August 9th. Independent Research set a €23.50 ($27.33) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Thursday, August 9th. Finally, Jefferies Financial Group set a €33.00 ($38.37) price target on shares of ThyssenKrupp and gave the company a buy rating in a research note on Thursday, August 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. ThyssenKrupp currently has an average rating of Buy and a consensus price target of €23.93 ($27.82).

Shares of ThyssenKrupp stock opened at €15.92 ($18.51) on Friday. ThyssenKrupp has a fifty-two week low of €20.70 ($24.07) and a fifty-two week high of €27.01 ($31.41).

About ThyssenKrupp

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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