Zacks Investment Research upgraded shares of Showa Denko K.K. (OTCMKTS:SHWDY) from a hold rating to a buy rating in a research report report published on Saturday. They currently have $40.00 target price on the stock.
According to Zacks, “Showa Denko K.K. is engaged in chemical business. The company’s business segment consists of Petrochemical, Chemicals, Inorganics, Aluminum, Electronics and Advanced Battery Materials. Showa Denko K.K. is based in Minato-Ku, Japan. “
Shares of Showa Denko K.K. (OTCMKTS SHWDY) remained flat at $$35.45 on Friday. The stock has a market capitalization of $53,072.66 and a P/E ratio of 13.85. Showa Denko K.K. has a 1-year low of $22.53 and a 1-year high of $35.45.
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