POSCO (NYSE:PKX) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.
PKX has been the topic of a number of other research reports. Deutsche Bank upgraded POSCO from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. Goldman Sachs Group upgraded POSCO from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 2nd. Finally, Zacks Investment Research lowered POSCO from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. POSCO currently has an average rating of “Buy” and a consensus price target of $82.00.
Shares of POSCO (NYSE PKX) opened at $90.34 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.68 and a quick ratio of 1.14. POSCO has a 52 week low of $52.88 and a 52 week high of $90.56. The firm has a market capitalization of $30,170.00, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 1.94 and a beta of 1.12.
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POSCO is a Korea-based company principally engaged in the manufacture and distribution of steel products. The Company operates in four segments: steel, trading, construction, and others. The steel segment includes production of steel products and sale of such products. The trading segment consists of global trading activities of POSCO Daewoo Corporation, exporting and importing a range of steel products that are both obtained from and supplied to it, as well as between other suppliers and purchasers in Korea and overseas.
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