JPMorgan Chase & Co. Analysts Give ThyssenKrupp (FRA:TKA) a €5.10 Price Target

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JPMorgan Chase & Co. set a €5.10 ($6.00) target price on ThyssenKrupp (FRA:TKA) in a research report report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the basic materials company’s stock.

A number of other research analysts have also weighed in on TKA. Barclays set a €10.00 ($11.76) target price on shares of ThyssenKrupp and gave the stock a neutral rating in a research report on Tuesday, May 19th. Credit Suisse Group set a €10.00 ($11.76) price objective on shares of ThyssenKrupp and gave the company a buy rating in a research report on Thursday, August 13th. Nord/LB set a €6.50 ($7.65) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Wednesday, June 24th. Baader Bank set a €7.50 ($8.82) price objective on shares of ThyssenKrupp and gave the company a buy rating in a research report on Thursday, August 13th. Finally, Morgan Stanley set a €7.50 ($8.82) price objective on shares of ThyssenKrupp and gave the company a neutral rating in a research report on Monday, August 10th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of €8.55 ($10.05).

ThyssenKrupp stock opened at €6.11 ($7.18) on Monday. ThyssenKrupp has a fifty-two week low of €20.70 ($24.35) and a fifty-two week high of €27.01 ($31.78). The firm has a fifty day moving average price of €6.69 and a two-hundred day moving average price of €6.82.

About ThyssenKrupp

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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Analyst Recommendations for ThyssenKrupp (FRA:TKA)

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