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Independent Research GmbH Reconfirmed thyssenkrupp (ETR:TKA) As “Hold”; Has Target Of EUR 20.00

London thyssenkrupp ETR:TKA

thyssenkrupp (ETR:TKA) Rating Maintained

Equity research analysts at Independent Research GmbH have EUR 20.00 target on Thyssenkrupp (ETR:TKA). Independent Research GmbH’s target gives a potential upside of 4.33 % from the company’s current stock price. The rating was revealed to clients and investors in analysts report on Sunday morning.

ETR:TKA is right now trading 4.93% higher at EUR 19.16 as of 01:49 Frankfurt time. thyssenkrupp’s stock is down -21.68% in the past 200 days. It has underperformed the S&P500, which has declined -1.12% in the same time period.

ETR:TKA Price Chart & Trend

The stock price of thyssenkrupp decreased 21.68% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, thyssenkrupp is up 28.86% and up 5.07%, respectively. Our stocks momentum model is shown on the price chart below.Independent Research GmbH Reconfirmed thyssenkrupp (ETR:TKA) As "Hold"; Has Target Of EUR 20.00

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

TKA Stock Chart

thyssenkrupp (ETR:TKA) Profile

ThyssenKrupp AG is a Germany-based diversified industrial company. It operates six segments: The Steel Europe Segment produces flat carbon steel products; the Steel Americas segment includes the production, processing and marketing of steel products in North and South America; the Materials Services segment engages in the global distribution of materials and the provision of technical services for the production and manufacturing sectors; the Elevator Technology segment specializes in the construction, modernization and servicing of elevators, escalators, moving walks, stair and platform lifts, as well as passenger boarding bridges; the Industrial Solutions segment offers engineering and construction services, and the Components Technology segment offers components for the automotive, construction and engineering sectors, as well as for wind turbines. The Company’s subsidiaries include Outokumpu VDM GmbH, Acciai Speciali Terni SpA and ThyssenKrupp Elevator AG, among others.

thyssenkrupp (ETR:TKA) traded up 4.93% on 3 April, hitting EUR 19.16. A total of 6.26 million shares of the company’s stock traded hands. This is up from average of 2.72 million shares. thyssenkrupp has a 52 week low of EUR 12.62 and a 52 week high of EUR 26.41. The company has a market cap of 10.84 billion EUR and a P/E ratio of 44.62.

Get the latest thyssenkrupp (ETR:TKA) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Independent Research Gmbh Reconfirmed Thyssenkrupp (ETR:TKA) As “Hold”; Has Target Of EUR 20.00 appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Independent Research GmbH Reconfirmed thyssenkrupp (ETR:TKA) As “Hold”; Has Target Of EUR 20.00

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