Komatsu (OTCMKTS:KMTUY) Cut to “Neutral” at Credit Suisse Group

Credit Suisse Group downgraded shares of Komatsu (OTCMKTS:KMTUY) from an outperform rating to a neutral rating in a research note issued to investors on Tuesday, The Fly reports.

Several other research firms have also recently commented on KMTUY. ValuEngine upgraded Zynerba Pharmaceuticals from a sell rating to a hold rating in a research report on Monday, April 1st. Zacks Investment Research upgraded DLH from a sell rating to a hold rating in a research report on Tuesday, July 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Komatsu presently has an average rating of Hold and an average price target of $27.00.

KMTUY opened at $22.67 on Tuesday. Komatsu has a 12 month low of $20.33 and a 12 month high of $32.10. The company has a current ratio of 1.75, a quick ratio of 0.99 and a debt-to-equity ratio of 0.25. The firm has a market cap of $21.23 billion, a PE ratio of 9.18, a P/E/G ratio of 1.01 and a beta of 1.73. The firm has a 50 day simple moving average of $23.12.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment worldwide. The company operates through three segments: Construction, Mining, and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction and mining equipment, including electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.

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