thyssenkrupp (FRA:TKA) PT Set at €16.00 by Baader Bank

thyssenkrupp (FRA:TKAGet Rating) received a €16.00 ($16.49) price objective from stock analysts at Baader Bank in a research note issued on Thursday, Borsen Zeitung reports. Baader Bank’s price objective would indicate a potential upside of 192.93% from the company’s previous close.

Several other analysts have also commented on TKA. Credit Suisse Group set a €19.40 ($20.00) price target on shares of thyssenkrupp in a research report on Wednesday, August 17th. Deutsche Bank Aktiengesellschaft set a €13.00 ($13.40) price target on shares of thyssenkrupp in a research report on Friday, August 12th. Jefferies Financial Group set a €11.50 ($11.86) price target on shares of thyssenkrupp in a research report on Monday, October 17th. Barclays set a €5.10 ($5.26) price target on shares of thyssenkrupp in a research report on Thursday. Finally, JPMorgan Chase & Co. set a €4.80 ($4.95) price target on shares of thyssenkrupp in a research report on Thursday.

thyssenkrupp Stock Down 0.4 %

TKA stock opened at €5.46 ($5.63) on Thursday. The firm’s 50 day moving average price is €5.24 and its 200-day moving average price is €6.10. thyssenkrupp has a one year low of €20.70 ($21.34) and a one year high of €27.01 ($27.85).

About thyssenkrupp

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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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