Latest news with #ChristianObst
Business Insider
23-05-2025
- Business
- Business Insider
Aurubis (0K7F) Gets a Buy from Kepler Capital
In a report released on May 21, Boris Bourdet from Kepler Capital maintained a Buy rating on Aurubis (0K7F – Research Report), with a price target of €90.00. The company's shares closed last Wednesday at €77.80. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to Kepler Capital , Aurubis also received a Buy from Baader Bank's Christian Obst in a report issued on May 8. However, on May 9, Deutsche Bank maintained a Hold rating on Aurubis (LSE: 0K7F).
Business Insider
17-05-2025
- Business
- Business Insider
Kepler Capital Reaffirms Their Buy Rating on thyssenkrupp (0O1C)
Kepler Capital analyst Boris Bourdet maintained a Buy rating on thyssenkrupp (0O1C – Research Report) on May 15 and set a price target of €10.50. The company's shares closed last Thursday at €8.33. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter In addition to Kepler Capital , thyssenkrupp also received a Buy from Baader Bank's Christian Obst in a report issued on May 15. However, yesterday, Deutsche Bank maintained a Hold rating on thyssenkrupp (LSE: 0O1C). Based on thyssenkrupp's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €7.83 billion and a GAAP net loss of €51 million. In comparison, last year the company earned a revenue of €8.18 billion and had a GAAP net loss of €314 million Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0O1C in relation to earlier this year.
Wall Street Journal
15-05-2025
- Business
- Wall Street Journal
Thyssenkrupp Shares Plunge on Expectations Miss
Shares in Thyssenkrupp TKA -10.20%decrease; red down pointing triangle plunged on Thursday after the German steel and industrial company posted second-quarter results that substantially missed expectations. In European morning trading, shares fell 9.5% to 8.54 euros. Thyssenkrupp's closely-watched adjusted earnings before interest and taxes came to 19 million euros ($21.2 million), dropping 90%. The figure also missed analysts' estimated 146 million euros, according to a company-compiled consensus. The company said that weak markets and high macroeconomic uncertainty weighed on its performance in the quarter, as expected. Sales for the period fell 5% to 8.58 billion euros, while orders contracted 6% to 8.08 billion euros, declining at all business units, excluding Marine Systems, it said. The company said management worked intensively on programs to improve productivity and reduce costs. 'However, this might still not be enough to fully counterbalance, especially the impact of the ongoing sluggish material markets,' Baader Helvea analyst Christian Obst said in a note to clients. The company backed its outlook for the fiscal year, but notes that it assumes the market environment ahead will remain challenging. Conditions should improve in the second half of the year, it said. Baader Helvea's Obst said that it looks challenging for the company to reach even the low end of the given guidance range. Net profit amounted to 155 million euros compared with a 78 million euro net loss the prior year's period. Write to Nina Kienle at
