IHI (IHICY) Lifted to “Hold” at Zacks Investment Research
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 “
Separately, ValuEngine lowered shares of IHI from a buy rating to a hold rating in a research note on Thursday, January 18th.
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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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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