Kyocera (KYOCY) Downgraded by ValuEngine to Hold
Kyocera (OTCMKTS:KYOCY) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.
Separately, Zacks Investment Research upgraded Kyocera from a “sell” rating to a “hold” rating and set a $67.00 price target for the company in a research note on Wednesday, September 12th.
Shares of KYOCY stock opened at $56.23 on Thursday. The company has a market capitalization of $22.06 billion, a P/E ratio of 27.98 and a beta of 0.82. Kyocera has a 1 year low of $53.79 and a 1 year high of $71.92.
Kyocera Corporation develops, produces, and distributes ceramic and electronic components, and telecommunications and information equipment worldwide. Its Industrial & Automotive Components Group segment offers fine ceramic components, automotive components, liquid crystal displays, and industrial tools to industrial machinery, automotive, general industrial, and construction markets.
Further Reading: Price to Earnings Ratio (PE) Basics
To view ValuEngine’s full report, visit ValuEngine’s official website.
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