Zacks Investment Research Downgrades Konica Minolta (KNCAY) to Hold

Konica Minolta (OTCMKTS:KNCAY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “Konica Minolta Holdings, Inc. is engaged in the manufacture and sale of imaging products including printers, lenses, and display materials. Its technologies business is in charge of the global deployment of office equipment, centering on multi-functional peripherals (MFPs), laser printers and digital printing systems. Its optics business offers high-value-added plastic and glass molded lenses, glass substrates for hard disk drives and display materials. Its healthcare business offers digital imaging technology. Its Sensing business provides customers with the products they need for precise measurements. Industrial Inkjet business offers high-performance printheads, multi-function inks, print units for label printing, and textile printing systems. Its Planetarium business is a comprehensive manufacturer of planetariums, from development and production of planetariums and projectors to show production and theater management. Konica Minolta Holdings, Inc. is headquartered in Tokyo, Japan. “

Shares of Konica Minolta (KNCAY) opened at $19.16 on Tuesday. The stock has a market capitalization of $4,850.00, a P/E ratio of 17.18 and a beta of 0.73. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.11 and a quick ratio of 1.48. Konica Minolta has a 52 week low of $15.36 and a 52 week high of $21.03.

WARNING: This piece of content was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/12/07/zacks-investment-research-downgrades-konica-minolta-kncay-to-hold.html.

Konica Minolta Company Profile

KONICA MINOLTA, INC. is a Japan-based company. The Company operates four business segments through its subsidiaries and associated companies. The Information Equipment segment manufactures and sells multifunction printers (MFPs), printers and related materials. This segment also provides solution services.

What are top analysts saying about Konica Minolta Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Konica Minolta Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit