WEST JAPAN RWY/S (OTCMKTS:WJRYY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Saturday, Zacks.com reports. They currently have a $95.00 target price on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 14.17% from the company’s previous close.
According to Zacks, “West Japan Railway Company engages in the railway transportation business. Its operating segment consists of Transportation, Sales of Goods and Food Services, Real Estate and Other Businesses. Transportation segment provides railway, bus, and ferry services. Distribution segment operates department stores, restaurants, retail and wholesale shops. Real Estate segment sells and leases properties and manages shopping centers. Other Businesses segment includes hotels, travel agencies, advertising and construction. West Japan Railway Company is headquartered in Osaka, Japan. “
Shares of WJRYY traded up $0.70 during mid-day trading on Friday, hitting $83.21. The stock had a trading volume of 1,260 shares, compared to its average volume of 2,298. The company has a market capitalization of $15.76 billion, a price-to-earnings ratio of 13.73, a P/E/G ratio of 2.87 and a beta of 0.33. The stock’s fifty day moving average price is $81.65. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.58 and a current ratio of 0.75. WEST JAPAN RWY/S has a 52 week low of $65.07 and a 52 week high of $83.36.
West Japan Railway Company provides passenger railway transport services in Japan. The company operates through Transportation Operations, Retail Business, Real Estate Business, and Other Businesses segments. It operates a railway network that stretches across an area of approximately 104,000 square kilometers covering 18 prefectures in western Honshu and the northern tip of Kyushu comprising a total of 1,200 railway stations with an operating route length of 5,008.7 kilometers.
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