DISCO CORP/ADR (OTCMKTS:DSCSY) Upgraded at JPMorgan Chase & Co.

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DISCO CORP/ADR (OTCMKTS:DSCSY) was upgraded by JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Thursday, The Fly reports.

Several other equities analysts have also weighed in on the company. Zacks Investment Research upgraded DISCO CORP/ADR from a “sell” rating to a “hold” rating and set a $57.00 price target for the company in a research note on Tuesday, January 28th. Mizuho upgraded DISCO CORP/ADR from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 15th. Finally, Goldman Sachs Group lowered DISCO CORP/ADR from a “buy” rating to a “neutral” rating in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. DISCO CORP/ADR currently has an average rating of “Hold” and a consensus price target of $57.00.

Shares of DISCO CORP/ADR stock opened at $48.30 on Thursday. DISCO CORP/ADR has a twelve month low of $25.59 and a twelve month high of $51.45. The business has a 50-day moving average price of $48.33 and a 200 day moving average price of $42.43. The firm has a market cap of $9.01 billion, a PE ratio of 38.28, a P/E/G ratio of 1.86 and a beta of 2.19.

About DISCO CORP/ADR

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. Its precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws, as well as products for dicing before grinding process and package singulation.

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