Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) Upgraded to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Aisin Seiki Co. Ltd. Unsponsored ADR (OTCMKTS:ASEKY) from a hold rating to a buy rating in a report released on Wednesday morning. They currently have $60.00 target price on the stock.

According to Zacks, “Aisin Seiki Co., Ltd. is engages in the manufacture and sale of automotive parts. It operating segment consists of Aisin Seiki Group, Aisin Takaoka Group, Aisin AW Group, Advics Group and Others. Aisin Seiki Group segment provides general automotive parts and services, life and amenity-related equipment, public works and petroleum sales. Aisin Takaoka Group segment handles engine and brake cast components. Aisin AW Group deals with automatic transmissions and car navigation systems. Advics Group segment offers brake components. Others segment includes automotive parts lineup, energy systems, mainstay products for the major group companies, life and amenity products. Aisin Seiki Co., Ltd. is headquartered in Kariya, Japan. “

Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) remained flat at $$50.15 during mid-day trading on Wednesday. Aisin Seiki Co. Ltd. Unsponsored ADR has a 12-month low of $41.48 and a 12-month high of $55.26. The company has a market capitalization of $14,780.00, a PE ratio of 12.35, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.42 and a quick ratio of 1.13.

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