Samsung Electronics (OTCMKTS:SSNLF) Upgraded at Erste Group Bank

Samsung Electronics (OTCMKTS:SSNLF) was upgraded by research analysts at Erste Group Bank from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Separately, Susquehanna raised Samsung Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy”.

Samsung Electronics Stock Performance

OTCMKTS SSNLF remained flat at $65.21 during trading hours on Friday. The stock has a fifty day moving average of $65.21 and a two-hundred day moving average of $51.07. Samsung Electronics has a 1 year low of $38.83 and a 1 year high of $65.21. The company has a market capitalization of $8.42 billion, a P/E ratio of 24.33 and a beta of 0.88.

Samsung Electronics Company Profile

Samsung Electronics Co, Ltd. is a South Korean multinational technology company headquartered in Suwon, South Korea. As a core subsidiary of the Samsung Group, the company designs, develops and manufactures a broad range of consumer electronics, mobile communications devices and semiconductor products. Its diversified portfolio spans televisions and home appliances, smartphones and network equipment, as well as memory and system LSI chips used across data centers and automotive platforms.

In the consumer electronics segment, Samsung is known for high-definition TVs, monitors, refrigerators, washing machines and air conditioners, incorporating smart connectivity and energy-efficient technologies.