Zacks Investment Research upgraded shares of FANUC LTD JAPAN/ADR (OTCMKTS:FANUY) from a sell rating to a hold rating in a research note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “Fanuc Ltd. is a manufacturer of factory automation and robots. It is engaged in the development, manufacture, sale and maintenance of robots and factory automation products primarily in Japan, US, Europe and other Asian countries. The Company’s technology is applied in the automation of machine tools. Its products lineup includes: computer numerical control series; servo motors; carbon dioxide laser oscillators; industrial lasers; robots and robot machines; machine for milling and boring, precision molding machines, wire-cut electric discharge machine and nano control technology based machines that have their applications in optical electronics, medical, semiconductor and biotechnology fields. Fanuc Ltd. is headquartered in Yamanashi Prefecture, Japan. “

Separately, Deutsche Bank upgraded FANUC LTD JAPAN/ADR from a sell rating to a hold rating in a report on Monday, June 10th.

Shares of FANUY opened at $18.53 on Wednesday. The stock has a market capitalization of $35.93 billion, a PE ratio of 21.80, a price-to-earnings-growth ratio of 24.36 and a beta of 1.18. FANUC LTD JAPAN/ADR has a fifty-two week low of $14.10 and a fifty-two week high of $20.71.

FANUC LTD JAPAN/ADR Company Profile

Fanuc Corporation provides factory automation products primarily in the Americas, Europe, and Asia. It offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire-cut electric discharge machines, and ultra-precision machines. The company was founded in 1972 and is headquartered in Minamitsuru, Japan.

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