ValuEngine lowered shares of SHIN ETSU Chem/ADR (OTCMKTS:SHECY) from a hold rating to a sell rating in a report published on Wednesday morning.
Separately, Zacks Investment Research raised SHIN ETSU Chem/ADR from a hold rating to a buy rating and set a $29.00 price target on the stock in a research note on Friday, May 25th.
Shares of SHIN ETSU Chem/ADR stock opened at $21.43 on Wednesday. SHIN ETSU Chem/ADR has a fifty-two week low of $21.76 and a fifty-two week high of $30.90. The firm has a market cap of $36.34 billion, a price-to-earnings ratio of 15.20 and a beta of 0.97.
Shin-Etsu Chemical Co, Ltd. manufactures and sells polyvinyl chloride (PVC), semiconductor devices, silicones, and rare earth magnets worldwide. The company operates through PVC/Chlor-Alkali; Semiconductor Silicon; Silicones; Electronics and Functional Materials; Specialty Chemicals; and Processing, Trading & Specialized Services segments.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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