Asahi Kasei Corp (AHKSY) Given Average Recommendation of “Sell” by Brokerages
Asahi Kasei Corp (NASDAQ:AHKSY) has received a consensus broker rating score of 4.00 (Sell) from the two brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation and one has assigned a hold recommendation to the company. Asahi Kasei Corp’s rating score has declined by 33.3% from 90 days ago as a result of various analysts’ ratings changes.
Zacks has also given Asahi Kasei Corp an industry rank of 52 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut shares of Asahi Kasei Corp from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 28th.
ILLEGAL ACTIVITY WARNING: “Asahi Kasei Corp (AHKSY) Given Average Recommendation of “Sell” by Brokerages” was first published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another site, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/24/asahi-kasei-corp-ahksy-given-average-recommendation-of-sell-by-brokerages.html.
Shares of Asahi Kasei Corp (NASDAQ:AHKSY) remained flat at $23.98 during trading on Tuesday. 11 shares of the company’s stock traded hands. The company has a market cap of $16.75 billion and a P/E ratio of 14.99. Asahi Kasei Corp has a one year low of $16.69 and a one year high of $25.37. The stock’s 50-day moving average is $24.48 and its 200-day moving average is $21.96.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Asahi Kasei Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asahi Kasei Corp and related companies with MarketBeat.com's FREE daily email newsletter.