JPMorgan Chase & Co. Analysts Give thyssenkrupp (FRA:TKA) a €5.70 Price Target

thyssenkrupp (FRA:TKAGet Rating) has been given a €5.70 ($6.20) price objective by research analysts at JPMorgan Chase & Co. in a research note issued on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target indicates a potential downside of 19.35% from the company’s current price.

Several other research firms have also recently commented on TKA. Barclays set a €6.00 ($6.52) target price on thyssenkrupp in a research note on Thursday, January 12th. Jefferies Financial Group set a €11.50 ($12.50) price objective on thyssenkrupp in a research note on Monday, October 17th. Deutsche Bank Aktiengesellschaft set a €7.50 ($8.15) price objective on thyssenkrupp in a research note on Wednesday, November 30th. Finally, Baader Bank set a €16.00 ($17.39) price objective on thyssenkrupp in a research note on Thursday, November 17th.

thyssenkrupp Trading Up 2.6 %

thyssenkrupp stock opened at €7.07 ($7.68) on Thursday. The stock has a 50 day moving average of €5.92 and a 200-day moving average of €5.59. thyssenkrupp has a 52 week low of €20.70 ($22.50) and a 52 week high of €27.01 ($29.36).

thyssenkrupp Company Profile

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thyssenkrupp AG operates in the areas of materials services, industrial components, automotive technology, steel, and marine systems in Germany, the United States, China, and internationally. The company's Materials Services segment distributes materials and offers technical services for the production and manufacturing sectors.

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