Nord/LB set a €11.00 ($12.79) price objective on ThyssenKrupp (FRA:TKA) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.
TKA has been the topic of several other research reports. DZ Bank reaffirmed a neutral rating and issued a target price on shares of ThyssenKrupp in a report on Friday, November 22nd. Credit Suisse Group set a €9.00 ($10.47) target price on shares of ThyssenKrupp and gave the stock a sell rating in a report on Friday, November 22nd. Commerzbank set a €14.30 ($16.63) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Friday, August 9th. Macquarie set a €13.30 ($15.47) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a report on Tuesday, September 24th. Finally, Kepler Capital Markets set a €15.00 ($17.44) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Thursday, November 21st. Two analysts have rated the stock with a sell rating, eight have assigned 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 target price of €14.33 ($16.67).
TKA opened at €11.65 ($13.55) on Tuesday. The firm’s 50-day simple moving average is €12.98 and its 200-day simple moving average is €12.09. ThyssenKrupp has a twelve month low of €20.70 ($24.07) and a twelve month high of €27.01 ($31.41).
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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