ASAHI KASEI CORP ADR EA REP 2 (NASDAQ:AHKSY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The brokerage presently has a $20.00 price target on the stock. Zacks Investment Research’s target price indicates a potential upside of 10.25% from the stock’s previous close.

According to Zacks, “ASAHI KASEI CORPORATION, provides innovative solutions based in chemistry and materials science to a diverse range of markets including fibers, chemicals, consumer products, housing, construction, electronics, and health care. On October 1, 2003, all core operations were transferred to wholly owned constituent corporations as autonomous operating business units. Asahi Kasei Corporation, as the parent company, functions as a holding company for group operations. An Independent Businesses Group not included in the constituent corporations provides group services. “

Shares of ASAHI KASEI CORP ADR EA REP 2 (NASDAQ:AHKSY) opened at 18.14 on Tuesday. The stock’s 50 day moving average price is $0.00 and its 200-day moving average price is $0.00. ASAHI KASEI CORP ADR EA REP 2 has a 52-week low of $11.15 and a 52-week high of $18.74.

5 Day Chart for NASDAQ:AHKSY

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