JTEKT (OTCMKTS:JTEKY) Upgraded by The Goldman Sachs Group to “Neutral”

The Goldman Sachs Group upgraded shares of JTEKT (OTCMKTS:JTEKY – Get Rating) from a sell rating to a neutral rating in a research note released on Tuesday morning, The Fly reports.

JTEKT Stock Performance

Shares of JTEKY stock opened at $23.87 on Tuesday. JTEKT has a one year low of $22.03 and a one year high of $23.87. The company’s fifty day moving average price is $23.25 and its 200-day moving average price is $21.99.

JTEKT Company Profile

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JTEKT Corp. engages in the manufacture and sale of bearings, machine tools, driveline components, and steering products. It operates through the Machinery Parts and Machine Tools segments. The Machinery Parts segment provides steering wheels, drive train parts, and bearings. The Machine Tools segment offers machine tools, control equipment, and industrial heat treatment furnaces.