Shiseido (OTCMKTS:SSDOY) Rating Increased to Buy at Zacks Investment Research

Shiseido (OTCMKTS:SSDOY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, Zacks.com reports. The brokerage presently has a $83.00 price target on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 9.67% from the stock’s current price.

According to Zacks, “SHISEIDO CO., LTD. is a Japan-based company engaged in the manufacturing and sale of cosmetics, toiletries, beauty products, health foods, beauty foods and pharmaceuticals. The Company operates in three business segments. The Domestic Cosmetics segment offers cosmetics, toiletries, beauty products, health foods, beauty foods and pharmaceuticals to the domestic market, as well as provides mail order service. The Overseas Cosmetic segment offers cosmetics, toiletries and beauty products to overseas markets. The Others segment is engaged in the the manufacture and sale of cosmetics materials, pharmaceuticals for medical uses and aesthetic medical cosmetics, the sale of clothing and miscellaneous goods, the management and sale of real estates, as well as the restaurant business. “

Separately, ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd.

Shares of OTCMKTS SSDOY opened at $75.68 on Friday. The stock has a market cap of $30.23 billion, a price-to-earnings ratio of 50.12, a PEG ratio of 2.00 and a beta of 0.68. The business has a fifty day moving average of $75.96. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.07 and a current ratio of 1.51. Shiseido has a one year low of $54.77 and a one year high of $81.59.

Shiseido Company Profile

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. It also produces and sells health and beauty foods, and over-the-counter drugs; and hair and beauty salon products, as well as fragrances and body care products. In addition, the company operates beauty salons and restaurants.

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