Zacks Research Upgrades Keyence (OTCMKTS:KYCCF) to Strong-Buy

Keyence (OTCMKTS:KYCCF) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday, Zacks reports.

Separately, Citigroup raised shares of Keyence from a “hold” rating to a “buy” rating in a report on Tuesday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, Keyence presently has an average rating of “Strong Buy”.

Keyence Price Performance

KYCCF opened at $504.32 on Wednesday. The firm has a fifty day moving average price of $512.97 and a 200 day moving average price of $474.77. Keyence has a 1 year low of $316.20 and a 1 year high of $581.60. The stock has a market cap of $122.31 billion, a P/E ratio of 140.09 and a beta of 1.36.

Keyence Company Profile

Keyence Corporation is a Japan-based provider of factory automation and industrial technology products. The company develops and sells sensors, measuring instruments, machine-vision systems, barcode readers, laser markers, microscopes and related control and inspection equipment used in manufacturing and other industrial applications.

Keyence’s products are designed to help manufacturers automate production processes, inspect parts, identify products, measure dimensions and improve quality control.