ThyssenKrupp’s (TKA) “Neutral” Rating Reiterated at DZ Bank

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DZ Bank restated their neutral rating on shares of ThyssenKrupp (FRA:TKA) in a report issued on Tuesday, July 17th.

Several other brokerages have also weighed in on TKA. Baader Bank set a €25.00 ($29.07) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research report on Thursday, June 21st. JPMorgan Chase & Co. set a €26.00 ($30.23) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Tuesday, May 15th. HSBC set a €27.00 ($31.40) price target on shares of ThyssenKrupp and gave the company a buy rating in a research report on Monday, July 2nd. Independent Research set a €23.50 ($27.33) price target on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Monday, July 9th. Finally, Credit Suisse Group set a €28.00 ($32.56) price target on shares of ThyssenKrupp and gave the company a buy rating in a research report on Wednesday, May 30th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and sixteen have given a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of €27.70 ($32.21).

Shares of ThyssenKrupp stock traded down €0.63 ($0.73) on Tuesday, reaching €20.46 ($23.79). 4,363,403 shares of the stock were exchanged. ThyssenKrupp has a 1-year low of €20.70 ($24.07) and a 1-year high of €27.01 ($31.41).

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.

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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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