ThyssenKrupp AG (TKA) Receives Average Rating of “Hold” from Brokerages

ThyssenKrupp AG (FRA:TKA) has been assigned an average recommendation of “Hold” from the twenty-four analysts that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is €27.67 ($32.94).

TKA has been the topic of several analyst reports. Nord/LB set a €30.00 ($35.71) price objective on ThyssenKrupp and gave the stock a “buy” rating in a report on Monday, August 21st. J P Morgan Chase & Co set a €27.00 ($32.14) price objective on ThyssenKrupp and gave the stock a “neutral” rating in a report on Wednesday, November 15th. UBS set a €25.00 ($29.76) price target on ThyssenKrupp and gave the company a “neutral” rating in a report on Friday, October 20th. Deutsche Bank set a €30.00 ($35.71) price target on ThyssenKrupp and gave the company a “buy” rating in a report on Friday, September 8th. Finally, Baader Bank set a €25.00 ($29.76) price target on ThyssenKrupp and gave the company a “neutral” rating in a report on Friday, October 6th.

ThyssenKrupp (FRA:TKA) opened at €24.09 ($28.68) on Monday. ThyssenKrupp has a twelve month low of €21.17 ($25.20) and a twelve month high of €27.01 ($32.15).

ILLEGAL ACTIVITY WARNING: This article was posted by American Banking News and is owned by of American Banking News. If you are reading this article on another site, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/12/18/thyssenkrupp-ag-tka-receives-average-rating-of-hold-from-brokerages.html.

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. This segment’s products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

Receive News & Ratings for ThyssenKrupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThyssenKrupp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply