FANUC LTD JAPAN/ADR (OTCMKTS:FANUY) was downgraded by analysts at Deutsche Bank from a “hold” rating to a “sell” rating in a research note issued on Friday, The Fly reports.
Separately, Zacks Investment Research upgraded shares of FANUC LTD JAPAN/ADR from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.
Shares of OTCMKTS:FANUY opened at $17.28 on Friday. FANUC LTD JAPAN/ADR has a fifty-two week low of $14.10 and a fifty-two week high of $26.16. The firm has a market cap of $33.94 billion, a P/E ratio of 20.33, a P/E/G ratio of 13.65 and a beta of 1.13.
Fanuc Corporation provides factory automation products primarily in the Americas, Europe, and Asia. It offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire-cut electric discharge machines, and ultra-precision machines. The company was founded in 1972 and is headquartered in Minamitsuru, Japan.
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