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Zacks Investment Research announced Konica Minolta Inc (ADR) (NASDAQ:KNCAY), upping its target price to $19.00 today

Only yesterday Konica Minolta Inc (ADR) (NASDAQ:KNCAY) traded 2.16% higher at $16.81. Konica Minolta Inc (ADR)’s 50-day average is $17.28 and its two hundred day average is $16.58. The last close is up 3.08% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 4,158 shares of KNCAY traded, up from an avg. trading volume of 2,183

Zacks Investment Research upped the price target of Konica Minolta Inc (ADR) (NASDAQ:KNCAY) to $19.00 indicating a possible upside of 0.13%.

See Chart Below

Konica Minolta Inc (ADR) (NASDAQ:KNCAY)

Konica Minolta Inc (ADR) has 52 week low of $13.93 and a 52 week high of $23.70 with a P/E ratio of 13.52 and has a market cap of $0.

Brief Synopsis About Konica Minolta Inc (ADR) (NASDAQ:KNCAY)

KONICA MINOLTA, INC. is a Japan-based company. The Company operates four business segments through its subsidiaries and associated companies. The Information Equipment segment manufactures and sells multifunction printers (MFPs), printers and related materials. This segment also provides solution services. The Industrial Material and Equipment segment manufactures and sells electrical material, functional material, optical devices (such as pickup lens and lens units), industrial and medical instruments, among others. The Healthcare segment manufactures and sells health care equipment and materials. The Others segment is engaged in the industrial inject related businesses. The Company also engaged in providing healthcare image solutions through its subsidiary.

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