Kobe Steel (OTCMKTS:KBSTY) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research raised shares of Kobe Steel from a “hold” rating to a “buy” rating and set a $6.75 target price for the company in a research note on Thursday, August 10th.

Kobe Steel (OTCMKTS KBSTY) opened at $4.64 on Friday. Kobe Steel has a fifty-two week low of $3.50 and a fifty-two week high of $6.26. The company has a current ratio of 1.23, a quick ratio of 0.72 and a debt-to-equity ratio of 0.75.

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Kobe Steel Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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