Zacks: TDK Corp (TTDKY) Receives Average Recommendation of “Strong Buy” from Analysts
Shares of TDK Corp (NASDAQ:TTDKY) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokers have set a 12-month consensus price target of $80.00 for the company, according to Zacks. Zacks has also given TDK Corp an industry rank of 102 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded TDK Corp from a “strong-buy” rating to a “strong sell” rating in a research note on Thursday, June 16th.
TDK Corp (NASDAQ:TTDKY) traded down 0.912% during trading on Friday, reaching $65.646. The company’s stock had a trading volume of 1,143 shares. The company has a market capitalization of $8.28 billion and a PE ratio of 13.611. TDK Corp has a 52 week low of $47.78 and a 52 week high of $73.86. The company has a 50 day moving average price of $68.98 and a 200-day moving average price of $61.10.
About TDK Corp
TDK Corporation is an electronics company. The Company is engaged in manufacturing electronic components. The Company’s portfolio includes electronic components, modules and systems under the product brands TDK and EPCOS, power supplies, magnetic application products as well as energy devices, flash memory application devices and others.
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