Keyence (OTCMKTS:KYCCF) Upgraded to “Strong-Buy” at Zacks Research

Keyence (OTCMKTS:KYCCF) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday, Zacks reports.

Separately, Citigroup upgraded shares of Keyence from a “hold” rating to a “buy” rating in a research note on Tuesday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Keyence Price Performance

Shares of Keyence stock opened at $504.32 on Wednesday. Keyence has a 1-year low of $316.20 and a 1-year high of $581.60. The business’s fifty day moving average price is $512.97 and its two-hundred day moving average price is $474.77. The company has a market capitalization of $122.31 billion, a P/E ratio of 140.09 and a beta of 1.36.

Keyence Company Profile

Keyence Corporation is a Japan-based provider of factory automation and industrial technology products. The company develops and sells sensors, measuring instruments, machine-vision systems, barcode readers, laser markers, microscopes and related control and inspection equipment used in manufacturing and other industrial applications.

Keyence’s products are designed to help manufacturers automate production processes, inspect parts, identify products, measure dimensions and improve quality control.