Zacks: Asahi Kasei Corp (AHKSY) Receives Consensus Rating of “Hold” from Brokerages

Asahi Kasei Corp (NASDAQ:AHKSY) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Zacks has also given Asahi Kasei Corp an industry rank of 34 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research cut Asahi Kasei Corp from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 28th.

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Shares of Asahi Kasei Corp (NASDAQ:AHKSY) traded down 1.218% during trading on Friday, reaching $23.757. The company’s stock had a trading volume of 7,693 shares. The stock has a market cap of $16.59 billion and a P/E ratio of 14.998. Asahi Kasei Corp has a 52-week low of $15.43 and a 52-week high of $24.10. The stock has a 50-day moving average of $23.13 and a 200-day moving average of $20.63.

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