ThyssenKrupp AG (FRA:TKA) received a €23.00 ($24.73) target price from analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock.
TKA has been the subject of several other research reports. Commerzbank AG set a €26.00 ($27.96) price objective on shares of ThyssenKrupp AG and gave the company a “buy” rating in a research report on Friday, August 19th. Nord/LB restated a “buy” rating on shares of ThyssenKrupp AG in a research report on Wednesday, November 2nd. Bankhaus Lampe set a €20.00 ($21.51) target price on shares of ThyssenKrupp AG and gave the stock a “neutral” rating in a report on Monday, August 29th. Credit Suisse Group AG set a €30.00 ($32.26) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Friday, October 28th. Finally, Deutsche Bank AG set a €24.00 ($25.81) target price on shares of ThyssenKrupp AG and gave the stock a “buy” rating in a report on Monday, October 10th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company. ThyssenKrupp AG presently has a consensus rating of “Buy” and an average target price of €23.49 ($25.26).
Shares of ThyssenKrupp AG (FRA:TKA) opened at 21.628 on Friday. ThyssenKrupp AG has a 1-year low of €12.62 and a 1-year high of €22.95. The firm’s 50-day moving average is €21.47 and its 200 day moving average is €20.26. The stock has a market capitalization of €12.24 billion and a P/E ratio of 68.013.