ThyssenKrupp (TKA) PT Set at €19.00 by Nord/LB

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ThyssenKrupp (FRA:TKA) has been assigned a €19.00 ($22.09) price target by analysts at Nord/LB in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the basic materials company’s stock. Nord/LB’s price objective would suggest a potential upside of 38.79% from the stock’s current price.

TKA has been the topic of several other reports. Baader Bank set a €25.00 ($29.07) target price on ThyssenKrupp and gave the stock a “neutral” rating in a report on Wednesday, October 31st. Societe Generale set a €22.80 ($26.51) target price on ThyssenKrupp and gave the stock a “buy” rating in a report on Monday, November 12th. UBS Group set a €28.00 ($32.56) target price on ThyssenKrupp and gave the stock a “buy” rating in a report on Friday, February 1st. Kepler Capital Markets set a €35.00 ($40.70) target price on ThyssenKrupp and gave the stock a “buy” rating in a report on Tuesday. Finally, Independent Research set a €20.00 ($23.26) target price on ThyssenKrupp and gave the stock a “neutral” rating in a report on Friday, November 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. ThyssenKrupp currently has a consensus rating of “Buy” and an average price target of €22.76 ($26.47).

TKA stock opened at €13.69 ($15.92) on Tuesday. ThyssenKrupp has a 1-year low of €20.70 ($24.07) and a 1-year 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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