Goldman Sachs Group Upgrades Nippon Paint (OTCMKTS:NPCPF) to “Buy”

Goldman Sachs Group upgraded shares of Nippon Paint (OTCMKTS:NPCPF) from a neutral rating to a buy rating in a research note published on Monday morning, The Fly reports.

Several other equities analysts have also recently weighed in on NPCPF. Zacks Investment Research upgraded shares of GRIFOLS S A/S from a sell rating to a hold rating in a research report on Friday, April 12th. Morgan Stanley upgraded shares of Dongfeng Motor Group from an equal weight rating to an overweight rating in a research report on Monday, July 1st.

OTCMKTS NPCPF opened at $38.94 on Monday. Nippon Paint has a twelve month low of $31.00 and a twelve month high of $40.65. The business’s 50 day moving average price is $38.94.



Nippon Paint Company Profile

Nippon Paint Holdings Co, Ltd. manufactures and sells various paints and coatings in Japan, Asia, North America, Europe, and internationally. The company offers automotive coatings, such as paints for use in bumpers and plastic components; trade-use paints for homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior building materials, office equipment, and household electrical appliances.

Further Reading: How to Use a Moving Average for Trading 

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