ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Stock Rated “Moderate Buy” by Sell-Side Analysts

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company.

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

ThyssenKrupp Stock Performance

Shares of TKAMY opened at $15.33 on Friday. The company’s fifty day moving average is $16.17 and its 200-day moving average is $13.44. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $18.16. The firm has a market cap of $9.54 billion, a price-to-earnings ratio of 28.39 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 Company Profile

thyssenkrupp AG is a diversified industrial company headquartered in Essen, Germany. Its businesses develop and supply products, technologies and services for industrial, automotive, energy, materials and infrastructure customers worldwide.

The company’s activities include automotive components and systems, materials distribution and processing, steel production, and technologies for the energy transition. thyssenkrupp also operates marine businesses that provide submarines, naval vessels and related systems, as well as engineering and industrial solutions.