Zacks Investment Research upgraded shares of Nissan Chemical Industries, Ltd. (NASDAQ:NNCHY) from a hold rating to a buy rating in a research report sent to investors on Saturday morning. They currently have $34.00 target price on the stock.
According to Zacks, “Nissan Chemical Industries, Ltd. engaged in the manufacture and sale of industrial chemicals. Its operating segments include Chemicals, Functional Materials, Agrochemicals, Pharmaceuticals, Wholesale Business and Others. The Chemicals segment deals with fine and basic chemicals which consists of melamine, sulfuric and nitric acid, ammonia and epoxy compound. The Functional Materials segment produces display, semiconductor and inorganic materials. The Agrochemicals segment markets herbicides, insecticides and fungicide. The Pharmaceuticals segment offers anti-cholesterol agent and custom chemicals. The Wholesale Business segment handles chemical trading. The Others segment includes fertilizers, transportation, landscaping and engineering. Nissan Chemical Industries, Ltd is headquartered in Tokyo, Japan. “
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