Several other equities research analysts also recently commented on CAJ. Zacks Investment Research downgraded shares of Canon from a hold rating to a sell rating in a research note on Tuesday, April 16th. Morgan Stanley upgraded shares of Canon from an equal weight rating to an overweight rating in a research note on Tuesday, April 16th. Finally, Goldman Sachs Group upgraded shares of Canon from a sell rating to a neutral rating in a research note on Thursday, February 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of Hold.
Shares of NYSE:CAJ opened at $28.59 on Wednesday. Canon has a 52 week low of $26.36 and a 52 week high of $34.45. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.28 and a current ratio of 1.92. The firm has a market capitalization of $30.51 billion, a PE ratio of 13.42, a PEG ratio of 3.82 and a beta of 0.56.
Canon Company Profile
Canon Inc manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. The company operates through four segments: Office Business Unit, Imaging System Business Unit, Medical System Business Unit, and Industry and Others Business Unit.
Further Reading: What are different types of coverage ratios?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Canon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canon and related companies with MarketBeat.com's FREE daily email newsletter.