HAMBURG (dpa-AFX Broker) - The private bank Berenberg has lowered the target price for Thyssenkrupp Nucera from 22 to 18 euros, but left the rating at "Buy". The electrolysis specialist reported subdued order intake in the second quarter and missed consensus estimates for sales and operating profit (EBIT), analyst James Carmichael wrote in his review on Wednesday evening. He added that the outlook for the alkaline water electrolysis (AWE) business had been lowered. The expert adjusted his estimates accordingly. More orders remain crucial for the company./gl/ag

Publication of the original study: 15.05.2024 / 17:22 / GMT First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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