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ThyssenKrupp AG (FRA:TKA) was downgraded by equities research analysts at HSBC to an “underweight” rating in a research note issued to investors on Wednesday, Stock Ratings News reports.

Separately, analysts at RBC Capital cut their price target on shares of ThyssenKrupp AG from €18.00 ($24.32) to €17.00 ($22.97) in a research note to investors on Friday, November 15th. They now have a “sector perform” rating on the stock. Four analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €18.28 ($24.70).

ThyssenKrupp AG is a Germany-based technology holding company operating through eight business segments.

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