Deutsche Bank Aktiengesellschaft set a €17.00 ($20.00) price target on thyssenkrupp (FRA:TKA) in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the basic materials company’s stock.
TKA has been the subject of several other reports. Morgan Stanley set a €9.60 ($11.29) price target on shares of thyssenkrupp and gave the company a neutral rating in a research report on Monday, May 24th. Kepler Capital Markets set a €12.00 ($14.12) target price on shares of thyssenkrupp and gave the stock a neutral rating in a research note on Friday, May 21st. Nord/LB set a €14.00 ($16.47) target price on shares of thyssenkrupp and gave the stock a buy rating in a research note on Wednesday, February 10th. Jefferies Financial Group set a €16.00 ($18.82) target price on shares of thyssenkrupp and gave the stock a buy rating in a research note on Tuesday. Finally, Baader Bank set a €16.00 ($18.82) target price on shares of thyssenkrupp and gave the stock a buy rating in a research note on Tuesday, May 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The company has an average rating of Buy and an average target price of €12.99 ($15.28).
TKA stock opened at €9.83 ($11.57) on Tuesday. The stock’s 50 day moving average is €10.51. thyssenkrupp has a 1 year low of €20.70 ($24.35) and a 1 year high of €27.01 ($31.78).
thyssenkrupp AG operates in the areas of automotive technology, industrial components, plant technology, marine systems, steel, and materials services in Germany, the United States, China, and internationally. The company's Automotive Technology segment develops and manufactures components and systems and automated production systems for the automotive industry.
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