LIXIL (OTCMKTS:JSGRY) Shares Up 0.9% – Still a Buy?

LIXIL Co. (OTCMKTS:JSGRY)’s stock price shot up 0.9% during mid-day trading on Tuesday . The stock traded as high as $24.45 and last traded at $24.45. 699 shares changed hands during mid-day trading, an increase of 40% from the average session volume of 500 shares. The stock had previously closed at $24.2350.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded LIXIL from a “neutral” rating to a “buy” rating in a report on Monday, October 20th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, LIXIL currently has a consensus rating of “Buy”.

LIXIL Price Performance

The stock’s fifty day moving average is $23.47 and its two-hundred day moving average is $23.75.

About LIXIL

LIXIL (OTCMKTS: JSGRY) is a Japan-based manufacturer and supplier of building materials and housing equipment. The company’s core product range includes kitchen and bathroom fixtures, plumbing fittings, faucets, toilets and bathtubs, as well as doors, windows and exterior building products. Through its integrated design and manufacturing capabilities, LIXIL delivers both standard and customized solutions for residential, commercial and public sector projects.

The company operates a portfolio of well-known brands, including INAX, American Standard, GROHE and Permasteelisa, reflecting its global footprint in water technology and building systems.