A statement released earlier today by Zacks Investment Research about Canon Inc (ADR) (NYSE:CAJ) ups the target price to $33.00
- Updated: October 8, 2016
Just yesterday Canon Inc (ADR) (NYSE:CAJ) traded 0.59% higher at $29.01. Canon Inc (ADR)’s 50-day moving average is $28.82 and its 200-day moving average is $28.75. The last stock price is up 0.92% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 120,388 shares of the stock were exchanged, down from an average trading volume of 231,405
Canon Inc (ADR) (NYSE:CAJ) had its target price raised to $33.00 by Zacks Investment Research in a report released 10/05/2016. The new target price indicates a possible upside of 0.14% based on the company's previous stock price.
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Canon Inc (ADR) has a 52 week low of $26.60 and a 52 week high of $31.96 with a P/E ratio of 16.08 The company’s total market value is presently $0.
Brief Synopsis About Canon Inc (ADR) (NYSE:CAJ)
Canon Inc. (Canon) is a manufacturer of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras and lithography equipment. Canon sells its products principally under the Canon brand name and through sales subsidiaries. Each of these subsidiaries is responsible for marketing and distribution to retail dealers in an assigned territory. Canon operates its business in three segments: the Office Business Unit, the Imaging System Business Unit, and the Industry and Others Business Unit. Canon's research and development activities range from basic research to product-oriented research directed at maintaining Canon's technological operations in the marketplace. Canon has manufacturing subsidiaries in a range of countries, including the United States, Germany, France, the Netherlands, Taiwan, China, Malaysia, Thailand, Vietnam and the Philippines.
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