ThyssenKrupp AG (TKA) Receives Consensus Rating of “Hold” from Analysts

ThyssenKrupp AG (FRA:TKA) has been assigned a consensus recommendation of “Hold” from the twenty-three ratings firms that are currently covering the firm, Marketbeat.com reports. Three investment 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 brokerages that have issued a report on the stock in the last year is €28.08 ($34.66).

TKA has been the subject of a number of recent analyst reports. Baader Bank set a €25.00 ($30.86) price target on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Thursday, December 28th. Commerzbank set a €32.00 ($39.51) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Thursday, November 23rd. Kepler Capital Markets set a €21.00 ($25.93) price target on shares of ThyssenKrupp and gave the company a “sell” rating in a report on Tuesday, December 5th. Barclays set a €20.00 ($24.69) price target on shares of ThyssenKrupp and gave the company a “sell” rating in a report on Monday, January 29th. Finally, Credit Suisse Group set a €32.00 ($39.51) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Monday, December 4th.

Shares of ThyssenKrupp (FRA TKA) opened at €23.84 ($29.43) on Tuesday. ThyssenKrupp has a fifty-two week low of €21.17 ($26.14) and a fifty-two week high of €27.01 ($33.35). The stock has a market cap of $15,030.00 and a PE ratio of 64.43.

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ThyssenKrupp Company Profile

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.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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