Zacks Investment Research upgraded shares of IHI (OTCMKTS:IHICY) from a sell rating to a hold rating in a research report released on Tuesday.

According to Zacks, “IHI Corp. engages in the design, manufacture, sale, installation, repair, overhaul and maintenance of heavy machinery. Resources, Energy and Environment segment includes boilers, power systems, motors for land and marine use, gas processes. Social Infrastructure and Offshore Facility segment handles bridges, water gates, shield tunneling machines, transportation systems, urban development, floating liquefied natural gas storage facilities and offshore structures. Industrial System and General-Purpose Machinery segment offers marine machinery, logistics systems, materials handling equipment, parking systems, steel manufacturing equipment, industrial machinery, heat and surface treatment, papermaking machinery, vehicular turbochargers and compressors, construction machinery and agricultural equipment. Aero Engine, Space and Defense segment deals with aero engines, rocket systems, space utilization systems and defense systems. Others segment includes inspection and measurement business. IHI Corp. is headquartere “

How to Become a New Pot Stock Millionaire

Separately, ValuEngine lowered shares of IHI from a buy rating to a hold rating in a research note on Thursday, January 18th.

Shares of IHI (IHICY) opened at $8.12 on Tuesday. The firm has a market cap of $4,938.14 and a PE ratio of 35.89. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.72 and a current ratio of 1.25. IHI has a 12 month low of $7.46 and a 12 month high of $9.93.

COPYRIGHT VIOLATION NOTICE: This news story was posted by Watch List News and is owned by of Watch List News. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://www.watchlistnews.com/ihi-ihicy-lifted-to-hold-at-zacks-investment-research/1958755.html.

IHI Company Profile

IHI Corporation, together with its subsidiaries, manufactures and sells machinery and equipment in Japan, the United States, Asia, Central and South America, Europe, and internationally. It offers energy systems, such as boilers, components for nuclear power plants, facilities for nuclear fuel cycle plants, gas turbine/diesel engines/gas engines, environment responsive systems, and lithium-ion batteries.

Get a free copy of the Zacks research report on IHI (IHICY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for IHI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IHI and related companies with MarketBeat.com's FREE daily email newsletter.