NIKON Corp/ADR (NINOY) Rating Increased to Hold at Jefferies Financial Group
NIKON Corp/ADR (OTCMKTS:NINOY) was upgraded by analysts at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a research note issued on Tuesday, The Fly reports.
Several other research firms have also issued reports on NINOY. Zacks Investment Research upgraded NIKON Corp/ADR from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Tuesday, July 31st. ValuEngine lowered NIKON Corp/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, July 5th.
Shares of OTCMKTS:NINOY opened at $18.78 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.93 and a quick ratio of 1.33. The firm has a market capitalization of $7.56 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 1.32 and a beta of 0.46. NIKON Corp/ADR has a twelve month low of $15.24 and a twelve month high of $21.04.
NIKON Corp/ADR Company Profile
Nikon Corporation manufactures and sells optical instruments in Japan and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, and Industrial Metrology and Others segments. The Imaging Products Business segment develops, manufacture, sells and service of digital cameras?interchangeable lens type, interchangeable lenses and compact digital cameras, and other products.
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