Kepler Capital Markets Analysts Give thyssenkrupp (TKA) a €23.00 Price Target

thyssenkrupp (FRA:TKA) received a €23.00 ($27.38) target price from equities research analysts at Kepler Capital Markets in a report issued on Tuesday. The firm currently has a “neutral” rating on the basic materials company’s stock. Kepler Capital Markets’ price objective would suggest a potential upside of 2.91% from the stock’s current price.

Several other analysts also recently weighed in on TKA. Baader Bank set a €25.00 ($29.76) target price on thyssenkrupp and gave the company a “neutral” rating in a research note on Tuesday. JPMorgan Chase set a €26.00 ($30.95) target price on thyssenkrupp and gave the company a “neutral” rating in a research note on Tuesday. Credit Suisse Group set a €31.00 ($36.90) target price on thyssenkrupp and gave the company a “buy” rating in a research note on Tuesday, May 8th. Warburg Research set a €31.00 ($36.90) target price on thyssenkrupp and gave the company a “buy” rating in a research note on Wednesday, February 14th. Finally, Citigroup set a €27.00 ($32.14) target price on thyssenkrupp and gave the company a “neutral” rating in a research note on Friday, February 16th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the stock. thyssenkrupp presently has a consensus rating of “Buy” and a consensus target price of €28.12 ($33.48).

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Shares of thyssenkrupp opened at €22.35 ($26.61) on Tuesday, Marketbeat reports. thyssenkrupp has a 1-year low of €20.70 ($24.64) and a 1-year high of €27.01 ($32.15).

thyssenkrupp Company Profile

thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company's Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. Its Elevator Technology segment is involved in the construction, modernization, and servicing of elevators, escalators, moving walks, and stairs and platform lifts, as well as passenger boarding bridges.

Analyst Recommendations for thyssenkrupp (FRA:TKA)