Samsung Electronics (OTCMKTS:SSNLF) Upgraded at Zacks Research

Samsung Electronics (OTCMKTS:SSNLF) was upgraded by investment analysts at Zacks Research to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Erste Group Bank lowered Samsung Electronics from a “buy” rating to a “hold” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Samsung Electronics Stock Performance

OTCMKTS SSNLF opened at $140.00 on Wednesday. The company has a market capitalization of $18.07 billion, a PE ratio of 52.24 and a beta of 0.88. The company has a 50-day simple moving average of $140.00 and a 200 day simple moving average of $106.82. Samsung Electronics has a 52-week low of $65.21 and a 52-week high of $140.00.

About Samsung Electronics

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.