SEVEN & I (SVNDY) Rating Increased to Buy at Zacks Investment Research

SEVEN & I (OTCMKTS:SVNDY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Wednesday. The firm currently has a $24.00 price target on the stock. Zacks Investment Research‘s price target suggests a potential upside of 15.50% from the stock’s previous close.

According to Zacks, “Seven & i Holdings Co., Ltd. is a Japan-based holding company which focusses on seven business areas including convenience stores, general merchandise stores, department stores, supermarkets, food-services, financial services, and IT services. The Company’s Convenience Store operates under the name 7-Eleven Japan. The Super Store segment operates general supermarkets such as Ito Yokado and Marudai, as well as food supermarkets such as York-Benimaru, York Mart and Sanei. The Department Store segment operates department stores such as Sogo and Seibu. The Food Service segment operates restaurant and dining halls, as well as provides catering services. The Financial-related segment is engaged in the provision of bank services and other financial related businesses. The Company focuses on the creation of life infrastructure that keeps up with the changing society and time, through a New, Comprehensive Lifestyle Industry to continually respond to the ordinary needs of the customers. “

Shares of SEVEN & I (OTCMKTS:SVNDY) opened at $20.78 on Wednesday. The company has a market capitalization of $36,787.34, a PE ratio of 46.18 and a beta of 0.41. SEVEN & I has a twelve month low of $18.73 and a twelve month high of $21.78. The company has a quick ratio of 1.07, a current ratio of 1.16 and a debt-to-equity ratio of 0.28.

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SEVEN & I Company Profile

Seven & i Holdings Co, Ltd., together with its subsidiaries, operates convenience stores, superstores, department stores, specialty stores, and restaurants in Japan and internationally. The company’s Convenience Store Operations segment operates corporate stores and franchised stores under the 7-Eleven name.

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