Jefferies Financial Group Analysts Give thyssenkrupp (FRA:TKA) a €13.80 Price Target

thyssenkrupp (FRA:TKAGet Rating) received a €13.80 ($14.08) price target from equities researchers at Jefferies Financial Group in a note issued to investors on Wednesday, Borsen Zeitung reports. Jefferies Financial Group’s target price would suggest a potential upside of 126.60% from the company’s previous close.

TKA has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft set a €13.00 ($13.27) target price on shares of thyssenkrupp in a research note on Friday, August 12th. Morgan Stanley set a €9.40 ($9.59) price objective on shares of thyssenkrupp in a research note on Monday, May 30th. Baader Bank set a €16.00 ($16.33) target price on thyssenkrupp in a research note on Thursday, August 11th. DZ Bank set a €5.80 ($5.92) price target on thyssenkrupp in a research note on Friday, August 12th. Finally, Credit Suisse Group set a €19.40 ($19.80) price objective on thyssenkrupp in a research report on Wednesday.

thyssenkrupp Stock Performance

FRA:TKA traded up €0.24 ($0.24) during midday trading on Wednesday, hitting €6.09 ($6.21). 4,736,276 shares of the company traded hands. The firm’s fifty day moving average is €6.02 and its 200-day moving average is €7.43. thyssenkrupp has a 12-month low of €20.70 ($21.12) and a 12-month high of €27.01 ($27.56).

About thyssenkrupp

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thyssenkrupp AG operates in the areas of automotive technology, industrial components, marine systems, steel, and materials services in Germany, the United States, China, and internationally. The company's Automotive Technology segment develops and manufactures components and systems, as well as automation solutions for the automotive industry.

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