Kao Corp. (KCRPY) Rating Increased to Buy at Zacks Investment Research
Kao Corp. (OTCMKTS:KCRPY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday. The brokerage currently has a $66.00 price objective on the stock. Zacks Investment Research‘s price objective points to a potential upside of 12.79% from the company’s previous close.
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) opened at 58.515 on Wednesday. The stock has a 50 day moving average of $60.71 and a 200 day moving average of $59.71. The stock has a market cap of $28.83 billion, a P/E ratio of 23.595 and a beta of 0.49. Kao Corp. has a 1-year low of $44.19 and a 1-year high of $65.50.
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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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