Kobe Steel (KBSTY) Raised to Hold at ValuEngine
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.
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.
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