Will Investors Now Sell ThyssenKrupp AG (OTCMKTS:TYEKF) Stock Following Today’s, Macquarie Downgrades?

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ThyssenKrupp AG (OTCMKTS:TYEKF) Receives a Downgrade

Equities researchers at Macquarie’s division of equities cut the rating for shares of ThyssenKrupp AG (OTCMKTS:TYEKF) from a Outperform to a Neutral on Wednesday morning.

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.

Will Investors Now Sell ThyssenKrupp AG (OTCMKTS:TYEKF) Stock Following Today’s, Macquarie Downgrades?

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