Deutsche Bank upgraded shares of KDDI Corp/ADR (OTCMKTS:KDDIY) from a hold rating to a buy rating in a research note released on Friday, The Fly reports.
Shares of KDDIY opened at $10.47 on Friday. KDDI Corp/ADR has a fifty-two week low of $10.47 and a fifty-two week high of $14.38.
KDDI Corp/ADR (OTCMKTS:KDDIY) last issued its quarterly earnings results on Thursday, November 1st. The company reported $0.31 earnings per share for the quarter. The business had revenue of $11.13 billion during the quarter.
KDDI Corporation provides telecommunications services in Japan and internationally. It operates through four segments: Personal Services, Life Design Services, Business Services, and Global Services. The Personal Services segment offers mobile services under the au brand; MVNO services; and fixed-line services, including FTTH services under the au Hikari brand, as well as CATV and other services.
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