thyssenkrupp AG (FRA:TKA) Receives Average Recommendation of “Buy” from Analysts

Shares of thyssenkrupp AG (FRA:TKAGet Rating) have been given an average rating of “Buy” by the ten brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a buy rating. The average 1 year target price among analysts that have issued ratings on the stock in the last year is €14.22 ($15.45).

A number of equities research analysts recently weighed in on TKA shares. Barclays set a €10.00 ($10.87) price objective on shares of thyssenkrupp in a report on Thursday, February 10th. Baader Bank set a €16.00 ($17.39) price objective on shares of thyssenkrupp in a report on Thursday, March 17th. Morgan Stanley set a €11.00 ($11.96) price objective on shares of thyssenkrupp in a report on Tuesday, January 18th. Credit Suisse Group set a €17.70 ($19.24) price objective on shares of thyssenkrupp in a report on Tuesday, February 22nd. Finally, Deutsche Bank Rese… set a €17.00 ($18.48) price target on shares of thyssenkrupp in a report on Tuesday.

Shares of thyssenkrupp stock traded up €0.03 ($0.03) during trading on Monday, hitting €6.95 ($7.55). The stock had a trading volume of 2,441,417 shares. The firm’s fifty day simple moving average is €8.35 and its 200-day simple moving average is €9.05. thyssenkrupp has a 12 month low of €20.70 ($22.50) and a 12 month high of €27.01 ($29.36).

About thyssenkrupp (Get Rating)

thyssenkrupp AG operates in the areas of automotive technology, industrial components, 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, as well as automation solutions for the automotive industry.

Further Reading

Analyst Recommendations for thyssenkrupp (FRA:TKA)

Receive News & Ratings for thyssenkrupp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for thyssenkrupp and related companies with MarketBeat.com's FREE daily email newsletter.