Seiko Epson Corp (SEKEY) Lifted to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Seiko Epson Corp (NASDAQ:SEKEY) from a hold rating to a buy rating in a research report report published on Friday. They currently have $12.00 price target on the stock.

According to Zacks, “Seiko Epson Corporation is engaged in the development, manufacturing, sales, marketing and servicing of information-related equipment, electronic devices, precision products and other products. The Information Equipment segment manufactures and offers computers and peripherals, including PCs, printers, scanners and projectors. The Electronic Devices and Precision Equipment segment is engaged in the development, manufacture and sale of quartz devices, semiconductors, and displays, watches, plastic corrective lenses, and factory automation equipment. Seiko Epson Corporation has its head office in Suwa, Nagano. “

Seiko Epson Corp (NASDAQ:SEKEY) traded up 2.123% during trading on Friday, reaching $11.836. The company’s stock had a trading volume of 3,376 shares. The company’s 50-day moving average is $10.63 and its 200-day moving average is $10.63. Seiko Epson Corp has a 1-year low of $7.68 and a 1-year high of $11.85. The company has a market capitalization of $8.34 billion and a P/E ratio of 19.387.

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