ValuEngine lowered shares of SUMITOMO Chem C/ADR (OTCMKTS:SOMMY) from a sell rating to a strong sell rating in a research report sent to investors on Thursday.
Separately, Zacks Investment Research raised SUMITOMO Chem C/ADR from a hold rating to a buy rating and set a $30.00 target price on the stock in a research report on Thursday, October 18th.
SUMITOMO Chem C/ADR stock opened at $26.10 on Thursday. SUMITOMO Chem C/ADR has a 12 month low of $23.73 and a 12 month high of $39.13. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.79 and a current ratio of 1.22.
Sumitomo Chemical Company, Limited engages in petrochemicals and plastics, energy and functional materials, IT-related, chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Its Petrochemicals & Plastics segment offers synthetic resins, such as polyethylene, polypropylene, and methyl methacrylate resins; raw materials for synthetic fibers; and various industrial chemicals.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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