Showa Denko K.K. (SHWDY) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of Showa Denko K.K. (OTCMKTS:SHWDY) from a hold rating to a buy rating in a research note released on Friday. Zacks Investment Research currently has $50.00 price target on the stock.

According to Zacks, “Showa Denko K.K. is engaged in chemical business. The company’s business segment consists of Petrochemical, Chemicals, Inorganics, Aluminum, Electronics and Advanced Battery Materials. Showa Denko K.K. is based in Minato-Ku, Japan. “

Shares of Showa Denko K.K. (OTCMKTS SHWDY) opened at $42.66 on Friday. The company has a market cap of $67,265.29 and a price-to-earnings ratio of 39.87. Showa Denko K.K. has a 52-week low of $22.53 and a 52-week high of $48.37.

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