ThyssenKrupp (TKA) Given a €30.80 Price Target by Societe Generale Analysts

ThyssenKrupp (FRA:TKA) has been given a €30.80 ($38.02) target price by stock analysts at Societe Generale in a note issued to investors on Thursday. The firm presently has a “buy” rating on the basic materials company’s stock. Societe Generale’s price objective would indicate a potential upside of 31.46% from the stock’s previous close.

Several other brokerages have also commented on TKA. Credit Suisse Group set a €32.00 ($39.51) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a research note on Monday, January 29th. Barclays set a €20.00 ($24.69) price target on shares of ThyssenKrupp and gave the company a “sell” rating in a research note on Monday, January 29th. Nord/LB set a €30.00 ($37.04) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a research note on Tuesday, January 30th. Commerzbank set a €32.00 ($39.51) price target on shares of ThyssenKrupp and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, JPMorgan Chase & Co. set a €26.50 ($32.72) price target on shares of ThyssenKrupp and gave the company a “neutral” rating in a research note on Friday, January 26th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of €28.64 ($35.36).

ThyssenKrupp (FRA:TKA) opened at €23.43 ($28.93) on Thursday. The company has a market cap of $14,620.00 and a P/E ratio of 45.06. ThyssenKrupp has a one year low of €21.17 ($26.14) and a one year high of €27.01 ($33.35).

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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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