DZ Bank Reiterates “Buy” Rating for ThyssenKrupp (TKA)

ThyssenKrupp (FRA:TKA)‘s stock had its “buy” rating reiterated by equities researchers at DZ Bank in a report issued on Wednesday.

TKA has been the subject of several other research reports. Nord/LB set a €30.00 ($37.04) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Thursday, November 23rd. Independent Research set a €27.00 ($33.33) price objective on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Wednesday, January 3rd. UBS Group set a €25.00 ($30.86) price objective on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Friday, October 20th. Baader Bank set a €25.00 ($30.86) price objective on shares of ThyssenKrupp and gave the company a “neutral” rating in a report on Friday, November 24th. Finally, Credit Suisse Group set a €32.00 ($39.51) price objective on shares of ThyssenKrupp and gave the company a “buy” rating in a report on Wednesday, December 27th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of €28.64 ($35.36).

ThyssenKrupp (FRA:TKA) traded down €0.16 ($0.20) during trading hours on Wednesday, reaching €22.94 ($28.32). The company had a trading volume of 4,765,885 shares. ThyssenKrupp has a 12 month low of €21.17 ($26.14) and a 12 month high of €27.01 ($33.35). The company has a market capitalization of $14,130.00 and a price-to-earnings ratio of 62.00.

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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. 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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