Samsung Electronics (OTCMKTS:SSNLF) Upgraded by Susquehanna to Strong-Buy Rating

Susquehanna upgraded shares of Samsung Electronics (OTCMKTS:SSNLFFree Report) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Samsung Electronics Price Performance

Shares of OTCMKTS:SSNLF opened at $65.21 on Tuesday. The stock has a market capitalization of $8.42 billion, a PE ratio of 24.33 and a beta of 0.88. The firm’s 50 day moving average price is $65.21 and its 200-day moving average price is $50.97. Samsung Electronics has a twelve month low of $38.83 and a twelve month high of $65.21.

Samsung Electronics Company Profile

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Samsung Electronics Co, Ltd. is a South Korean multinational technology company headquartered in Suwon, South Korea. As a core subsidiary of the Samsung Group, the company designs, develops and manufactures a broad range of consumer electronics, mobile communications devices and semiconductor products. Its diversified portfolio spans televisions and home appliances, smartphones and network equipment, as well as memory and system LSI chips used across data centers and automotive platforms.

In the consumer electronics segment, Samsung is known for high-definition TVs, monitors, refrigerators, washing machines and air conditioners, incorporating smart connectivity and energy-efficient technologies.

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