Shares of Fanuc Co. (OTCMKTS:FANUF – Get Free Report) were up 0.9% on Friday . The company traded as high as C$41.15 and last traded at C$39.55. Approximately 95 shares were traded during trading, a decline of 98% from the average daily volume of 4,445 shares. The stock had previously closed at C$39.19.
Analysts Set New Price Targets
A number of brokerages have recently commented on FANUF. HSBC downgraded shares of Fanuc to a “hold” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft lowered Fanuc to a “hold” rating in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Fanuc has an average rating of “Hold”.
Read Our Latest Research Report on FANUF
Fanuc Stock Performance
About Fanuc
FANUC Corporation is a Japan-based industrial automation company specializing in the design, development and manufacture of factory automation equipment. The company’s core offerings include computer numerical control (CNC) systems, industrial robots, and wire‐cut electrical discharge machines, all of which are used to enhance productivity and precision in manufacturing environments.
FANUC’s product portfolio encompasses articulated robots for assembly and material handling, collaborative robots for safe human–machine interaction, and high-precision CNC controls for milling and turning operations.
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