Jefferies Financial Group Downgrades OTSUKA HOLDINGS/ADR (OTCMKTS:OTSKY) to Hold
Jefferies Financial Group downgraded shares of OTSUKA HOLDINGS/ADR (OTCMKTS:OTSKY) from a buy rating to a hold rating in a research report sent to investors on Friday, The Fly reports.
A number of other brokerages have also recently commented on OTSKY. JPMorgan Chase & Co. upgraded shares of OTSUKA HOLDINGS/ADR from an underweight rating to a neutral rating in a research note on Tuesday, March 24th. Citigroup upgraded shares of OTSUKA HOLDINGS/ADR from a neutral rating to a buy rating in a research note on Thursday, March 26th.
Shares of OTSKY opened at $21.93 on Friday. OTSUKA HOLDINGS/ADR has a 12 month low of $13.90 and a 12 month high of $23.69. The company has a 50-day moving average price of $21.50 and a two-hundred day moving average price of $20.68.
Otsuka Holdings Co, Ltd., through its subsidiaries, operates in pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of central nervous system disorders, oncology, cardiovascular-renal, infectious disease, dermatological disease, gastroenterology, ophthalmology, diagnostics, surgical aid and regenerative, allergy/immunology, and urology.
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