ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Receives Consensus Rating of “Hold” from Analysts

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY – Get Free Report) has earned an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company.

TKAMY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft raised ThyssenKrupp from a “buy” rating to a “buy” rating in a report on Thursday, April 30th. Citigroup reissued a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th. Barclays restated an “underweight” rating on shares of ThyssenKrupp in a research note on Monday, February 23rd. Zacks Research downgraded ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, Jefferies Financial Group upgraded ThyssenKrupp from a “hold” rating to a “buy” rating in a research note on Friday, February 20th.

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ThyssenKrupp Stock Down 0.4%

Shares of ThyssenKrupp stock opened at $13.62 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.72 and a debt-to-equity ratio of 0.05. The firm has a market cap of $8.48 billion, a P/E ratio of 16.61 and a beta of 1.37. ThyssenKrupp has a fifty-two week low of $8.16 and a fifty-two week high of $17.02. The business has a 50-day moving average price of $11.20 and a 200 day moving average price of $11.40.

ThyssenKrupp Company Profile

(Get Free Report)

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.

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