Lion (OTCMKTS:LIOPF) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of Lion (OTCMKTS:LIOPF) from a hold rating to a buy rating in a research report report published on Friday, Zacks.com reports. The brokerage currently has $19.00 target price on the stock.

According to Zacks, “Lion Corporation is involved in the manufacture and sale of toothpastes, toothbrushes, soaps, cleansers, hair- and skin-care products, cooking-related products and pharmaceuticals. Lion Corporation is based in Tokyo, Japan. “

OTCMKTS LIOPF opened at $17.00 on Friday. Lion has a 52 week low of $17.00 and a 52 week high of $17.55. The stock has a market capitalization of $4.94 billion, a PE ratio of 23.94 and a beta of -0.10. The firm has a 50 day moving average of $17.34 and a two-hundred day moving average of $20.97.

Lion (OTCMKTS:LIOPF) last posted its quarterly earnings results on Wednesday, August 4th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.01). Lion had a return on equity of 8.97% and a net margin of 6.13%. The firm had revenue of $829.25 million for the quarter, compared to analyst estimates of $830.00 million. Sell-side analysts predict that Lion will post 0.71 earnings per share for the current year.

Lion Company Profile

Lion Corporation manufactures and sells consumer and industrial products in Japan and internationally. It operates through three segments: Consumer Products Business, Industrial Products Business, and Overseas Business. The company offers dental and oral care products, including toothpastes, toothbrushes, dental floss, mouthwashes and breath fresheners, periodontitis ointments, and denture products; body care products, such as shampoos and conditioners, hand soaps, wet wipes, body washes and bath additives, beauty soaps, skin and acne care products, antiperspirants and deodorants, hair-nourishment treatments, men's care and toiletries products, and foot care products.

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