Zacks: Kobe Steel, Ltd. (NASDAQ:KBSTY) Given Consensus Recommendation of “Strong Buy” by Brokerages
Shares of Kobe Steel, Ltd. (NASDAQ:KBSTY) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Zacks has also assigned Kobe Steel an industry rank of 189 out of 265 based on the ratings given to related companies.
Kobe Steel (NASDAQ:KBSTY) remained flat at $4.35 on Monday. Kobe Steel has a 52-week low of $3.49 and a 52-week high of $6.55. The firm’s market cap is $3.16 billion. The stock’s 50-day moving average price is $4.39 and its 200 day moving average price is $4.46.
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.
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