ThyssenKrupp AG Sponsored ADR (TKAMY) – What Are Analysts Thinking About This Stock?

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has earned an average rating of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several research analysts have recently weighed in on TKAMY shares. DZ Bank raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 21st. Kepler Capital Markets lowered shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a research note on Friday, September 4th. Zacks Research upgraded ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Finally, Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research note on Friday, August 21st.

ThyssenKrupp Price Performance

TKAMY stock opened at $15.14 on Wednesday. The firm has a market cap of $9.43 billion, a price-to-earnings ratio of 13.51 and a beta of 1.41. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.05. ThyssenKrupp has a 12-month low of $8.16 and a 12-month high of $18.16. The company’s fifty day simple moving average is $16.32 and its 200 day simple moving average is $13.28.

ThyssenKrupp Company Profile

Thyssenkrupp AG is a Germany-based industrial group with businesses spanning steel, materials services, automotive technology, marine systems and industrial decarbonization. The company develops and supplies products and services for manufacturers, infrastructure providers, energy companies and other industrial customers.

Its activities include producing flat steel products and other specialty materials, distributing and processing metals, and supplying components and systems for vehicles.