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 to investors on Tuesday. The brokerage presently has a $66.00 target price on the stock. Zacks Investment Research‘s price objective would suggest a potential upside of 12.53% from the stock’s current price.
According to Zacks, “KAO Corp ADR, based in Japan, is a leading global company in consumer products for personal and home care. “
Shares of Kao Corp. (KCRPY) opened at 58.96 on Tuesday. Kao Corp. has a 52-week low of $44.19 and a 52-week high of $65.50. The stock’s 50 day moving average price is $61.56 and its 200-day moving average price is $59.28. The firm has a market cap of $29.05 billion, a price-to-earnings ratio of 23.77 and a beta of 0.49.
About Kao Corp.
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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