Separately, Zacks Investment Research upgraded shares of Kubota from a hold rating to a strong-buy rating and set a $85.00 price objective for the company in a research note on Tuesday, May 14th.
Shares of OTCMKTS KUBTY opened at $71.80 on Friday. Kubota has a 12 month low of $66.25 and a 12 month high of $88.15. The company has a 50 day simple moving average of $77.38 and a two-hundred day simple moving average of $75.11.
Kubota Corporation manufactures and sells a range of machinery, and other industrial and consumer products in Japan, North America, Europe, Asia, and internationally. Its Farm & Industrial Machinery segment provides tractors, power tillers, combine harvesters, rice transplanters, lawn mowers, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, and other agricultural equipment; cooperative drying, rice seedling, and gardening facilities; and rice mill plants.
Further Reading: Stop Order
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Kubota Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kubota and related companies with MarketBeat.com's FREE daily email newsletter.