Panasonic (OTCMKTS:PCRFY) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a note issued to investors on Friday, The Fly reports.
Several other research firms have also issued reports on PCRFY. Zacks Investment Research lowered shares of Panasonic from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. ValuEngine lowered shares of Panasonic from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.
Panasonic (PCRFY) opened at $15.90 on Friday. Panasonic has a 12 month low of $10.70 and a 12 month high of $16.07. The company has a quick ratio of 0.81, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The stock has a market cap of $35,626.83, a price-to-earnings ratio of 23.73, a P/E/G ratio of 0.79 and a beta of 1.26.
Panasonic Corporation is engaged in the development of diverse electronics technologies and solutions. The Company operates through five segments: Appliances, Eco Solutions, AVC Networks, Automotive & Industrial Systems, and Other. The Appliances segment is engaged in the development, manufacture and sale of consumer electronics, air-conditioners, cold chain and devices.
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