Asahi Kasei Corp (NASDAQ:AHKSY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday. The brokerage presently has a $29.00 price target on the stock. Zacks Investment Research‘s target price indicates a potential upside of 16.98% from the company’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. “

Asahi Kasei Corp (NASDAQ:AHKSY) traded up 0.48% during mid-day trading on Wednesday, reaching $24.91. The company’s stock had a trading volume of 7,671 shares. Asahi Kasei Corp has a 1-year low of $15.65 and a 1-year high of $25.37.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/10/04/asahi-kasei-corp-ahksy-upgraded-by-zacks-investment-research-to-strong-buy.html.

Receive News & Stock Ratings for Asahi Kasei Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asahi Kasei Corp and related stocks with our FREE daily email newsletter.