Jefferies raises target for ThyssenKrupp stock from EUR 13.00 to EUR 16.50

Published on 10/07/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ThyssenKrupp stock costs EUR 13.79 on October 7, 2026 after EUR 13.81, minus 0.14 percent. tk accelis listing is planned for October 28.

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Jefferies raised its ThyssenKrupp target from EUR 13.00 to EUR 16.50 and kept a Buy rating on October 6, 2026, while ThyssenKrupp stock was trading at EUR 13.79 at Lang & Schwarz on October 7, 2026. Boerse Online reported that analyst Tommaso Castello linked the higher valuation to a recovery in steel and the planned TK Accelis separation.

Target rises on separation plan

Reuters reported on October 5, 2026, that ThyssenKrupp is targeting October 28 for a separate German listing of tk accelis. The plan would spin off 49 percent of the materials trading division as the group moves toward a holding structure.

The valuation case has a measurable operating lever. Reuters said tk accelis generated EUR 11.4 billion in sales in fiscal year 2024/2025 and is targeting an adjusted earnings before interest, tax, depreciation and amortization margin of 4 percent to 5 percent, compared with 2 percent in fiscal year 2024/2025.

Steel recovery remains central

Jefferies cited the expected steel recovery as a second part of its valuation argument, giving the October 6, 2026 target change a clear operational reference. The move from EUR 13.00 to EUR 16.50 represents a 26.92 percent increase in the target, while the new target is 19.65 percent above the Lang & Schwarz price of EUR 13.79.

The listing timetable is the immediate date for investors to track. onvista lists December 8, 2026 as the reporting date for fiscal year 2026 and February 5, 2027 for the annual meeting.

Stock remains below its yearly high

ThyssenKrupp stock was trading at EUR 13.79 at Lang & Schwarz on October 7, 2026 at 9:35 a.m. CEST, minus 0.14 percent versus the prior close of EUR 13.81 on October 6, 2026. The current price stands 13.11 percent below the 52-week high of EUR 15.87 and 93.68 percent above the 52-week low of EUR 7.12.

The further course of trading is shown by the continuously updated real-time quote of ThyssenKrupp stock.