SHIN ETSU Chem/ADR (OTCMKTS:SHECY) – Analysts at Jefferies Financial Group boosted their FY2020 EPS estimates for shares of SHIN ETSU Chem/ADR in a research note issued on Tuesday, October 30th. Jefferies Financial Group analyst Y. Azuma now expects that the basic materials company will post earnings per share of $1.71 for the year, up from their previous estimate of $1.68.
A number of other equities analysts also recently weighed in on SHECY. Zacks Investment Research downgraded shares of SHIN ETSU Chem/ADR from a “hold” rating to a “sell” rating in a report on Saturday, August 25th. ValuEngine downgraded shares of SHIN ETSU Chem/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, September 12th.
About SHIN ETSU Chem/ADR
Shin-Etsu Chemical Co, Ltd. manufactures and sells polyvinyl chloride (PVC), semiconductor devices, silicones, and rare earth magnets worldwide. The company operates through PVC/Chlor-Alkali; Semiconductor Silicon; Silicones; Electronics and Functional Materials; Specialty Chemicals; and Processing, Trading & Specialized Services segments.
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