Jefferies Financial Group Reiterates “€16.50” Price Target for ThyssenKrupp (FRA:TKA)

Jefferies Financial Group set a €16.50 ($19.19) price objective on ThyssenKrupp (FRA:TKA) in a research report report published on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.

Several other equities analysts have also issued reports on TKA. JPMorgan Chase & Co. restated a buy rating on shares of Cisco Systems in a report on Thursday, May 16th. 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. Independent Research set a €13.00 ($15.12) target price on shares of ThyssenKrupp and gave the company a neutral rating in a report on Wednesday, July 3rd. DZ Bank restated a neutral rating on shares of Axel Springer in a report on Monday, July 15th. Finally, Kepler Capital Markets set a €43.00 ($50.00) target price on shares of United Internet and gave the company a buy rating in a report on Monday, May 20th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €18.28 ($21.26).

TKA stock opened at €11.33 ($13.17) on Wednesday. ThyssenKrupp has a 12-month low of €20.70 ($24.07) and a 12-month high of €27.01 ($31.41). The firm has a fifty day moving average price of €11.93.

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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