ThyssenKrupp: UBS a buyer pending new CEO/Chairman

(CercleFinance.com) - UBS has reinstated its "buy" rating on ThyssenKrupp, along with its target price of 30 euros, which suggests upside potential of around 49% for the German industrial conglomerate's stock.


"Our UBS Evidence Lab survey amongst investors shows that the CEO/chairman issue is the most important one and the main catalyst, which might be hit soon," the broker summarises in its report on the stock.


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