Nord/LB set a €12.50 ($14.53) price target on ThyssenKrupp (FRA:TKA) in a research note published on Thursday, June 20th, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.
Several other research firms have also recently issued reports on TKA. DZ Bank reissued a neutral rating on shares of 1&1 Drillisch in a research note on Thursday, May 16th. JPMorgan Chase & Co. reaffirmed a buy rating on shares of Cisco Systems in a research report on Thursday, May 16th. HSBC reaffirmed a hold rating and set a $155.00 price objective on shares of Continental in a research report on Friday, May 3rd. Independent Research set a €52.00 ($60.47) price objective on Lanxess and gave the company a neutral rating in a research report on Wednesday, May 15th. Finally, Baader Bank set a €230.00 ($267.44) target price on shares of Wirecard and gave the company a buy rating in a report on Monday, May 13th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €18.44 ($21.44).
FRA TKA remained flat at $€11.48 ($13.35) during trading hours on Thursday. The company’s stock had a trading volume of 3,984,497 shares. The firm has a 50-day simple moving average of €12.00. ThyssenKrupp has a twelve month low of €20.70 ($24.07) and a twelve month high of €27.01 ($31.41).
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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