Zacks Investment Research upgraded shares of Komatsu (OTCMKTS:KMTUY) from a sell rating to a hold rating in a research report released on Tuesday morning.

According to Zacks, “KOMATSU LTD., headquartered in Tokyo, Japan, is the world’s second largest manufacturer of earthmoving and construction machines, with annual revenues of 7,580 million euros (9.2 billion US$) and more than 30.000 employees worldwide. “

Separately, ValuEngine raised Komatsu from a hold rating to a buy rating in a research note on Friday, February 23rd.

Shares of Komatsu opened at $32.71 on Tuesday, Marketbeat Ratings reports. The stock has a market capitalization of $30.81 billion, a P/E ratio of 17.40, a price-to-earnings-growth ratio of 0.67 and a beta of 1.14. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.80 and a quick ratio of 1.05. Komatsu has a 1 year low of $23.98 and a 1 year high of $40.43.

Komatsu Company Profile

Komatsu Ltd. engages in the development, manufacture, marketing, and sale of various industrial-use products and services worldwide. The company operates through three segments: Construction, Mining, and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction, mining, and utility equipment, including hydraulic excavators, mini excavators, backhoe loaders, wheel loaders, mini wheel loaders, skid-steer loaders, bulldozers, motor graders, vibratory rollers, off-highway dump trucks, articulated dump trucks, and crawler carriers.

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