Zacks Investment Research upgraded shares of Showa Denko K.K. (OTCMKTS:SHWDY) from a hold rating to a buy rating in a research note released on Thursday. Zacks Investment Research currently has $50.00 price objective on the stock.
According to Zacks, “Showa Denko K.K. is engaged in chemical business. The company’s business segment consists of Petrochemical, Chemicals, Inorganics, Aluminum, Electronics and Advanced Battery Materials. Showa Denko K.K. is based in Minato-Ku, Japan. “
Shares of Showa Denko K.K. stock opened at $42.66 on Thursday. The firm has a market cap of $67,265.29 and a P/E ratio of 21.22. Showa Denko K.K. has a 12 month low of $22.53 and a 12 month high of $48.37.
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