Is there a Bearish outlook for thyssenkrupp AG (OTCMKTS:TYEKF) this week?

March 17, 2018 - By wolcottdaily

 Is there a Bearish outlook for thyssenkrupp AG (OTCMKTS:TYEKF) this week?

thyssenkrupp AG (OTCMKTS:TYEKF) Ratings Coverage

Among 6 analysts covering Thyssen Krupp Ag Dus (OTCMKTS:TYEKF), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Thyssen Krupp Ag Dus had 8 analyst reports since August 14, 2015 according to SRatingsIntel. The company was reinitiated on Thursday, August 27 by JP Morgan. The rating was downgraded by Macquarie Research on Wednesday, December 9 to “Neutral”. The stock of thyssenkrupp AG (OTCMKTS:TYEKF) earned “Buy” rating by Berenberg on Wednesday, October 14. The firm has “Equal Weight” rating by Barclays Capital given on Thursday, August 27. On Wednesday, October 7 the stock rating was upgraded by Credit Suisse to “Outperform”. The stock of thyssenkrupp AG (OTCMKTS:TYEKF) earned “Sell” rating by Zacks on Friday, August 14. The company was downgraded on Monday, October 26 by Citigroup. RBC Capital Markets upgraded the shares of TYEKF in report on Friday, December 18 to “Outperform” rating. Below is a list of thyssenkrupp AG (OTCMKTS:TYEKF) latest ratings and price target changes.

It closed at $26.4 lastly. It is down 0.00% since March 17, 2017 and is . It has underperformed by 16.70% the S&P500.

thyssenkrupp AG operates in the areas of mechanical, plant, and materials technologies in Germany and internationally. The company has market cap of $16.39 billion. The companyÂ’s Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. It currently has negative earnings. This segmentÂ’s products include assembled camshafts, powertrain crankshafts, steering and damping systems, net-machined crankshafts, engine components, steering columns and shafts, steering gears, slewing bearings, crawlers, crawler components, and springs and stabilizers, as well as cylinder head modules with integrated camshafts.

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