Zacks Investment Research Downgrades Seven & I (SVNDY) to Hold
Seven & I (OTCMKTS:SVNDY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday.
According to Zacks, “Seven & i Holdings Co., Ltd. is a Japan-based holding company which focusses on seven business areas including convenience stores, general merchandise stores, department stores, supermarkets, food-services, financial services, and IT services. The Company’s Convenience Store operates under the name 7-Eleven Japan. The Super Store segment operates general supermarkets such as Ito Yokado and Marudai, as well as food supermarkets such as York-Benimaru, York Mart and Sanei. The Department Store segment operates department stores such as Sogo and Seibu. The Food Service segment operates restaurant and dining halls, as well as provides catering services. The Financial-related segment is engaged in the provision of bank services and other financial related businesses. The Company focuses on the creation of life infrastructure that keeps up with the changing society and time, through a New, Comprehensive Lifestyle Industry to continually respond to the ordinary needs of the customers. “
Shares of SVNDY stock opened at $20.94 on Wednesday. The stock has a market cap of $37,195.11, a PE ratio of 46.53 and a beta of 0.32. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.16 and a quick ratio of 1.07. Seven & I has a 52-week low of $19.07 and a 52-week high of $21.78.
Seven & i Holdings Co, Ltd., together with its subsidiaries, operates convenience stores, superstores, department stores, specialty stores, and restaurants in Japan and internationally. It operates through seven segments: Convenience Store operations, Superstore Operations, Department Store Operations, Food Services, Financial Services, Mail Order Services, and Others.
Receive News & Ratings for Seven & I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven & I and related companies with MarketBeat.com's FREE daily email newsletter.