Shares of Kobe Steel, Ltd. (NASDAQ:KBSTY) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Zacks has also given Kobe Steel an industry rank of 164 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research lowered shares of Kobe Steel from a “buy” rating to a “hold” rating in a report on Saturday, September 23rd.

COPYRIGHT VIOLATION WARNING: “Kobe Steel, Ltd. (KBSTY) Given Average Rating of “Strong Buy” by Brokerages” was originally reported by American Banking News and is owned by of American Banking News. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/11/02/kobe-steel-ltd-kbsty-given-average-rating-of-strong-buy-by-brokerages.html.

About Kobe Steel

Kobe Steel, Ltd. is a steel manufacturer. The Iron and Steel segment manufactures and sells steel bars, stainless-steel products and titanium products. The Welding segment offers welding materials, welding robots, and conducts welding-related consulting business. The Aluminum and Copper segment offers rolled aluminum products, rolled copper products, aluminum alloy products, magnesium alloy products and others.

Get a free copy of the Zacks research report on Kobe Steel (KBSTY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Kobe Steel Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kobe Steel Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.