Japan Tob (OTCMKTS:JAPAY) Upgraded at Zacks Research

Zacks Research upgraded shares of Japan Tob (OTCMKTS:JAPAY) from a hold rating to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports.

Separately, Barclays reaffirmed an “underweight” rating and set a $17.00 price objective on shares of Japan Tob in a report on Tuesday, November 25th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $17.00.

Japan Tob Trading Down 2.8%

Shares of OTCMKTS JAPAY opened at $17.95 on Tuesday. Japan Tob has a 1-year low of $11.91 and a 1-year high of $19.51. The company has a market cap of $63.74 billion, a PE ratio of 19.73 and a beta of 0.35. The company has a current ratio of 1.84, a quick ratio of 1.32 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $18.16 and a two-hundred day moving average of $16.47.

About Japan Tob

Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).