Zacks Investment Research upgraded shares of Kubota (OTCMKTS:KUBTY) from a strong sell rating to a hold rating in a report published on Wednesday.
According to Zacks, “Kubota is the world’s largest maker of small tractors and Japan’s 2nd largest manufacturer of farm equipment. The company is also Japan’s largest producer of ductile iron pipe (for water supply and sewer systems) and its maker of roofing materials. The Company makes engines, construction machinery, industrial castings and machinery, waste recycling plants, and prefab housing, and pumps. It has stakes in several US computer companies, including memory storage makers Maxoptix and Akashic Memories. “
Separately, ValuEngine upgraded shares of Kubota from a hold rating to a buy rating in a report on Friday, February 23rd.
KUBTY stock opened at $83.93 on Wednesday. Kubota has a 52-week low of $73.00 and a 52-week high of $107.13.
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Kubota Company Profile
KUBOTA Corporation is a manufacturer of a range of machinery, and other industrial and consumer products. The Company operates through three segments: Farm & Industrial Machinery, Water & Environment, and Other. The Farm & Industrial Machinery segment is engaged in the manufacture and sale of products, which include farm equipment, engines, construction machinery and electronic equipped machinery.
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