Macquarie set a €13.00 ($15.12) price target on ThyssenKrupp (FRA:TKA) in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.
TKA has been the subject of several other reports. Independent Research set a €13.00 ($15.12) price target on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Wednesday, July 3rd. Nord/LB set a €12.50 ($14.53) price target on shares of ThyssenKrupp and gave the stock a neutral rating in a research note on Thursday, June 20th. Kepler Capital Markets set a €43.00 ($50.00) price target on shares of United Internet and gave the stock a buy rating in a research note on Monday, May 20th. JPMorgan Chase & Co. reiterated a buy rating on shares of Cisco Systems in a research note on Thursday, May 16th. Finally, HSBC reiterated a hold rating and issued a $155.00 price target on shares of Continental in a research note on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €18.88 ($21.96).
Shares of ThyssenKrupp stock opened at €11.54 ($13.42) on Tuesday. The stock has a 50-day simple moving average of €12.01. ThyssenKrupp has a 1 year low of €20.70 ($24.07) and a 1 year high of €27.01 ($31.41).
thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines.
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