ThyssenKrupp AG (OTCMKTS:TYEKF) Receives a Downgrade
Macquarie downgraded the rating for shares of ThyssenKrupp AG (OTCMKTS:TYEKF) to a”Neutral” from a “Outperform”. The rating change was shared with investors in a very recent research note earlier today.
From a total of 4 analysts covering Thyssen Krupp Ag Dus (OTCMKTS:TYEKF) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 75% of the ratings are positive. Thyssen Krupp Ag Dus was the topic of 6 analyst reports since August 14, 2015 according to the firm StockzIntelligence Inc. Citigroup downgraded shares on October 26 to “Neutral” rating. Credit Suisse upgraded TYEKF stock in a recent report from October 7 to “Outperform” rating. Finally, JP Morgan reinitiated the stock with “Overweight” rating in a report issued on an August 27.
It is down 28.15% since May 6, 2015 and is downtrending. It has underperformed by 27.36% the S&P500.