Shiseido (OTCMKTS:SSDOY) Rating Lowered to Buy at Goldman Sachs Group

Shiseido (OTCMKTS:SSDOY) was downgraded by equities research analysts at Goldman Sachs Group from a “conviction-buy” rating to a “buy” rating in a report issued on Friday, The Fly reports.

Several other equities analysts have also recently issued reports on SSDOY. ValuEngine cut Shiseido from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. JPMorgan Chase & Co. lowered Shiseido from an “overweight” rating to a “neutral” rating in a report on Tuesday, November 26th. Finally, Zacks Investment Research lowered Shiseido from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd.

Shares of SSDOY opened at $70.35 on Friday. The business’s 50-day moving average is $76.36 and its two-hundred day moving average is $76.98. The company has a market capitalization of $28.84 billion, a P/E ratio of 46.59, a P/E/G ratio of 1.97 and a beta of 0.62. Shiseido has a fifty-two week low of $54.77 and a fifty-two week high of $84.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.92 and a current ratio of 1.37.

About Shiseido

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. It also produces and sells health and beauty foods, and over-the-counter drugs; and hair and beauty salon products, as well as fragrances and body care products. In addition, the company operates beauty salons and restaurants.

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