ThyssenKrupp (FRA:TKA) PT Set at €13.00 by Baader Bank

ThyssenKrupp (FRA:TKA) has been assigned a €13.00 ($15.12) price target by research analysts at Baader Bank in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the basic materials company’s stock. Baader Bank’s price target indicates a potential upside of 16.18% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Independent Research set a €12.30 ($14.30) target price on ThyssenKrupp and gave the company a “neutral” rating in a research note on Friday, December 13th. Barclays set a €9.50 ($11.05) target price on ThyssenKrupp and gave the company a “sell” rating in a research note on Wednesday, January 8th. Nord/LB set a €11.00 ($12.79) target price on ThyssenKrupp and gave the company a “neutral” rating in a research note on Tuesday, November 26th. Jefferies Financial Group set a €14.95 ($17.38) price target on ThyssenKrupp and gave the stock a “buy” rating in a research report on Thursday. Finally, Morgan Stanley set a €12.20 ($14.19) price target on ThyssenKrupp and gave the stock a “neutral” rating in a research report on Friday, January 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. ThyssenKrupp currently has an average rating of “Hold” and a consensus price target of €12.38 ($14.40).

FRA TKA opened at €11.19 ($13.01) on Thursday. The stock has a fifty day moving average of €11.63 and a 200-day moving average of €11.91. ThyssenKrupp has a 52 week low of €20.70 ($24.07) and a 52 week high of €27.01 ($31.41).

ThyssenKrupp Company Profile

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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