ThyssenKrupp AG (TKA) Given Average Rating of “Hold” by Brokerages
Shares of ThyssenKrupp AG (FRA:TKA) have been assigned a consensus recommendation of “Hold” from the twenty-four research firms that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is €27.71 ($32.99).
Several research analysts have recently issued reports on the stock. BNP Paribas set a €35.00 ($41.67) price objective on shares of ThyssenKrupp and gave the stock a “buy” rating in a report on Thursday, September 21st. Commerzbank set a €32.00 ($38.10) price objective on shares of ThyssenKrupp and gave the stock a “buy” rating in a report on Wednesday, September 20th. Kepler Capital Markets set a €26.00 ($30.95) price objective on shares of ThyssenKrupp and gave the stock a “neutral” rating in a report on Thursday, September 21st. S&P Global set a €20.00 ($23.81) price objective on shares of ThyssenKrupp and gave the stock a “sell” rating in a report on Friday, November 24th. Finally, Societe Generale set a €30.80 ($36.67) price objective on shares of ThyssenKrupp and gave the stock a “buy” rating in a report on Thursday, September 21st.
Shares of ThyssenKrupp (TKA) opened at €25.58 ($30.45) on Friday. ThyssenKrupp has a fifty-two week low of €21.17 ($25.20) and a fifty-two week high of €27.01 ($32.15). The firm has a market capitalization of $15,730.00 and a PE ratio of 69.14.
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thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The companys Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. This segments 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.
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