ThyssenKrupp (TKA) Given a €22.50 Price Target by JPMorgan Chase & Co. Analysts

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JPMorgan Chase & Co. set a €22.50 ($26.16) price objective on ThyssenKrupp (FRA:TKA) in a research note published on Friday. The firm currently has a neutral rating on the basic materials company’s stock.

TKA has been the topic of a number of other reports. Baader Bank set a €25.00 ($29.07) price objective on ThyssenKrupp and gave the company a neutral rating in a research report on Monday, July 2nd. UBS Group set a €30.00 ($34.88) price target on ThyssenKrupp and gave the company a buy rating in a research report on Thursday, August 30th. Barclays set a €20.00 ($23.26) price target on ThyssenKrupp and gave the company a sell rating in a research report on Friday, September 28th. Commerzbank set a €30.00 ($34.88) price target on ThyssenKrupp and gave the company a buy rating in a research report on Thursday, June 28th. Finally, Independent Research set a €23.50 ($27.33) price target on ThyssenKrupp and gave the company a neutral rating in a research report on Tuesday, July 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the stock. ThyssenKrupp presently has a consensus rating of Buy and an average price target of €27.19 ($31.61).

Shares of TKA traded up €0.18 ($0.21) on Friday, reaching €20.10 ($23.37). 2,713,029 shares of the stock traded hands. ThyssenKrupp has a 12 month low of €20.70 ($24.07) and a 12 month 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.

See Also: S&P 500 Index

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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