Panasonic Rating Increased to Buy at Credit Agricole (PCRFY)
Panasonic (NASDAQ:PCRFY) was upgraded by stock analysts at Credit Agricole from a “sell” rating to a “buy” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
Shares of Panasonic (NASDAQ:PCRFY) opened at 12.28 on Tuesday. Panasonic has a 52-week low of $9.07 and a 52-week high of $13.14. The stock has a 50-day moving average of $12.10 and a 200-day moving average of $11.64. The company has a market cap of $28.386 billion and a price-to-earnings ratio of 58.20.
Panasonic (NASDAQ:PCRFY) last released its earnings data on Thursday, July 31st. The company reported $0.16 earnings per share (EPS) for the quarter. On average, analysts predict that Panasonic will post $0.44 earnings per share for the current fiscal year.
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