Kobe Steel (KBSTY) Raised to Hold at ValuEngine

Kobe Steel (OTCMKTS:KBSTY) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday, December 1st.

Separately, Zacks Investment Research raised Kobe Steel from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a report on Thursday, August 10th.

Kobe Steel (KBSTY) opened at $4.73 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.23 and a quick ratio of 0.72. Kobe Steel has a 52 week low of $3.50 and a 52 week high of $6.26.

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Kobe Steel Company Profile

Kobe Steel, Ltd. is a steel manufacturer. The Iron and Steel segment manufactures and sells steel bars, stainless-steel products and titanium products. The Welding segment offers welding materials, welding robots, and conducts welding-related consulting business. The Aluminum and Copper segment offers rolled aluminum products, rolled copper products, aluminum alloy products, magnesium alloy products and others.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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