Separately, Zacks Investment Research upgraded shares of Kubota from a “hold” rating to a “strong-buy” rating and set a $85.00 price target on the stock in a research report on Tuesday, May 14th.
KUBTY traded down $0.86 during trading on Monday, hitting $72.34. The company’s stock had a trading volume of 19,609 shares, compared to its average volume of 47,328. Kubota has a one year low of $66.25 and a one year high of $88.15. The stock has a 50 day moving average price of $79.18.
Kubota Company Profile
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.
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