ThyssenKrupp (TKA) Given a €22.00 Price Target at Nord/LB

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Nord/LB set a €22.00 ($25.58) price target on ThyssenKrupp (FRA:TKA) in a research note published on Friday. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other equities research analysts have also recently issued reports on TKA. JPMorgan Chase & Co. set a €25.50 ($29.65) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a research note on Tuesday, July 17th. UBS Group set a €30.00 ($34.88) price target on shares of ThyssenKrupp and gave the company a buy rating in a report on Thursday, August 2nd. Independent Research set a €23.50 ($27.33) price target on shares of ThyssenKrupp and gave the company a neutral rating in a report on Thursday, August 9th. Cfra set a €23.00 ($26.74) price target on shares of ThyssenKrupp and gave the company a neutral rating in a report on Friday, August 10th. Finally, Barclays set a €20.00 ($23.26) price target on shares of ThyssenKrupp and gave the company a sell rating in a report on Wednesday, July 18th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of €26.55 ($30.87).

Shares of ThyssenKrupp stock traded down €1.73 ($2.01) during trading on Friday, reaching €17.33 ($20.15). The company’s stock had a trading volume of 14,333,765 shares. ThyssenKrupp has a 52-week low of €20.70 ($24.07) and a 52-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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