Canon (CAJ) Scheduled to Post Earnings on Thursday
Canon (NYSE:CAJ) is scheduled to be posting its Q1 quarterly earnings results on Thursday, October 24th.
Canon (NYSE:CAJ) traded down 2.68% during mid-day trading on Wednesday, hitting $31.93. The stock had a trading volume of 347,007 shares. Canon has a 52 week low of $30.07 and a 52 week high of $40.94. The stock has a 50-day moving average of $31.38 and a 200-day moving average of $34.31. The company has a market cap of $36.810 billion and a price-to-earnings ratio of 13.64.
CAJ has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Canon from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, October 14th. They now have a $32.70 price target on the stock. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $32.70.
Canon Inc (NYSE:CAJ), is a manufacturer of network digital multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras and steppers.
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