Baader Bank set a €16.00 ($17.20) price objective on thyssenkrupp (FRA:TKA – Get Rating) in a report published on Wednesday morning, Borsen Zeitung reports.
Other analysts also recently issued research reports about the company. Jefferies Financial Group set a €12.65 ($13.60) price target on thyssenkrupp in a research note on Thursday, April 21st. Barclays set a €9.00 ($9.68) target price on thyssenkrupp in a research note on Tuesday. Deutsche Bank Rese… set a €17.00 ($18.28) target price on thyssenkrupp in a research note on Tuesday, April 12th. Deutsche Bank Aktiengesellschaft set a €17.00 ($18.28) target price on thyssenkrupp in a research note on Wednesday, March 23rd. Finally, Morgan Stanley set a €11.00 ($11.83) target price on thyssenkrupp in a research note on Tuesday, January 18th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, thyssenkrupp currently has an average rating of Buy and a consensus price target of €13.57 ($14.59).
thyssenkrupp stock opened at €7.19 ($7.73) on Wednesday. The business’s 50-day simple moving average is €8.05 and its two-hundred day simple moving average is €8.96. thyssenkrupp has a fifty-two week low of €20.70 ($22.26) and a fifty-two week high of €27.01 ($29.04).
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.
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