Jefferies Financial Group set a €11.25 ($13.08) target price on ThyssenKrupp (FRA:TKA) in a report issued on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the basic materials company’s stock.
Several other analysts also recently weighed in on TKA. DZ Bank reiterated a neutral rating on shares of ThyssenKrupp in a report on Monday, March 2nd. Barclays reiterated a neutral rating on shares of ThyssenKrupp in a report on Monday, March 9th. Nord/LB set a €9.00 ($10.47) target price on shares of ThyssenKrupp and gave the company a neutral rating in a report on Tuesday, March 3rd. Credit Suisse Group set a €14.00 ($16.28) target price on shares of ThyssenKrupp and gave the company a buy rating in a report on Monday, March 2nd. Finally, Kepler Capital Markets set a €14.00 ($16.28) target price on shares of ThyssenKrupp and gave the company a buy rating in a report on Friday, February 28th. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of €11.80 ($13.73).
ThyssenKrupp stock opened at €5.08 ($5.91) on Monday. ThyssenKrupp has a fifty-two week low of €20.70 ($24.07) and a fifty-two week high of €27.01 ($31.41). The firm has a 50 day moving average price of €7.90 and a 200 day moving average price of €11.22.
thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.
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