Zacks Investment Research upgraded shares of Kao Corp. (OTCMKTS:KCRPY) from a sell rating to a buy rating in a research note published on Friday. They currently have $69.00 target price on the stock.

According to Zacks, “KAO Corp ADR, based in Japan, is a leading global company in consumer products for personal and home care. “

Kao Corp. (OTCMKTS:KCRPY) traded down 0.72% during mid-day trading on Friday, reaching $62.23. 55,132 shares of the company were exchanged. Kao Corp. has a 12 month low of $44.19 and a 12 month high of $65.50. The stock has a market capitalization of $30.66 billion, a P/E ratio of 25.51 and a beta of 0.49. The company’s 50 day moving average price is $61.52 and its 200-day moving average price is $58.30.

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Kao Corp. Company Profile

Kao Corporation is engaged in the consumer product business and the chemical business. The Company operates through four segments: the Beauty Care Business, the Human Health Care Business, the Fabric and Home Care Business (collectively, the Consumer Products business), and the Chemical business. The Beauty Care Business segment manufactures and sells cosmetics, skin care and hair care products.

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