ThyssenKrupp (TKA) Given a €24.50 Price Target by Bank of America Analysts

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Bank of America set a €24.50 ($28.49) price objective on ThyssenKrupp (FRA:TKA) in a report published on Wednesday morning. The firm currently has a buy rating on the basic materials company’s stock.

Several other brokerages have also recently issued reports on TKA. Independent Research set a €22.00 ($25.58) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a report on Thursday, September 13th. UBS Group set a €30.00 ($34.88) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Wednesday, November 21st. Kepler Capital Markets set a €35.00 ($40.70) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Friday, September 28th. Jefferies Financial Group set a €24.00 ($27.91) target price on shares of ThyssenKrupp and gave the stock a buy rating in a report on Wednesday, November 28th. Finally, Baader Bank set a €25.00 ($29.07) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a report on Friday, November 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of €23.43 ($27.24).

Shares of ThyssenKrupp stock traded up €0.11 ($0.13) on Wednesday, hitting €16.27 ($18.92). The stock had a trading volume of 2,347,147 shares. ThyssenKrupp has a one year low of €20.70 ($24.07) and a one year high of €27.01 ($31.41).

ThyssenKrupp Company Profile

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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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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