Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report)’s stock price gapped down prior to trading on Monday. The stock had previously closed at $19.98, but opened at $18.89. Idemitsu Kosan Co.,Ltd. shares last traded at $18.89, with a volume of 519 shares traded.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Idemitsu Kosan Co.,Ltd. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating. According to MarketBeat, the stock has a consensus rating of “Strong Buy”.
Read Our Latest Stock Analysis on IDKOY
Idemitsu Kosan Co.,Ltd. Stock Down 5.7%
About Idemitsu Kosan Co.,Ltd.
Idemitsu Kosan Co, Ltd. is a Japan-based energy and materials company engaged primarily in the petroleum, chemicals, and energy industries. Its operations include the refining and marketing of crude oil and petroleum products, including gasoline, diesel fuel, kerosene, lubricants, and petrochemical feedstocks. The company serves consumers, businesses, transportation operators, and industrial customers through fuel stations, commercial sales channels, and other distribution networks.
In addition to its petroleum operations, Idemitsu Kosan produces and sells basic chemicals and functional materials used in areas such as electronics, mobility, and industrial manufacturing.
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