Nabtesco (OTCMKTS:NCTKF) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Monday, September 17th.
Separately, Zacks Investment Research lowered Nabtesco from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th.
Shares of NCTKF stock remained flat at $$26.80 on Monday. Nabtesco has a 12-month low of $24.60 and a 12-month high of $48.90.
Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. It operates through four segments: Precision Equipment, Transport Equipment, Aircraft and Oil Hydraulic Equipment, and Industrial Equipment. The Precision Equipment segment offers high precision reducers and actuators, wafer transfer units, vacuum pumps, vacuum valves, vacuum devices, rapid prototyping systems, solar tracking equipment, and actuation units for industrial robots, machine tools, factory automation systems, electronic devices, semiconductor manufacturing equipment, automobiles, and home electronic appliances.
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