JPMorgan Chase & Co. set a €25.00 ($29.76) price target on ThyssenKrupp (FRA:TKA) in a report released on Friday. The brokerage currently has a neutral rating on the basic materials company’s stock.

Several other brokerages have also recently weighed in on TKA. Baader Bank set a €25.00 ($29.76) price objective on ThyssenKrupp and gave the stock a neutral rating in a research note on Friday. Credit Suisse Group reissued a buy rating and set a price objective on shares of ThyssenKrupp in a research note on Thursday. Independent Research set a €27.00 ($32.14) price objective on ThyssenKrupp and gave the stock a neutral rating in a research note on Friday. Jefferies Group reissued a buy rating on shares of ThyssenKrupp in a research note on Monday, December 18th. Finally, Royal Bank of Canada set a €32.00 ($38.10) target price on ThyssenKrupp and gave the company a buy rating in a research note on Friday, November 3rd. Four research analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of €27.93 ($33.26).

Shares of ThyssenKrupp (FRA TKA) opened at €23.93 ($28.49) on Friday. ThyssenKrupp has a 52 week low of €21.17 ($25.20) and a 52 week high of €27.01 ($32.15). The firm has a market capitalization of $14,910.00 and a P/E ratio of 64.68.

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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. This segment’s products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.

Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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