Samsung Electronics (OTCMKTS:SSNLF) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of Samsung Electronics (OTCMKTS:SSNLF) from a hold rating to a buy rating in a research report released on Wednesday, Zacks.com reports. Zacks Investment Research currently has $2,475.00 price objective on the technology company’s stock.

According to Zacks, “Samsung Electronics Co., Ltd. is an electronics company, specializing in digital appliances and media, semiconductors, memory and system integration. Its semiconductor products include DRAM, flash SSD, fusion memory, SRAM, foundry, display driver IC, media and storage products, smart cards, microcontrollers and imaging solutions. Its LCD products comprise panels for TVs, notebook PCs, digital information displays, monitors and mobile displays. The Company also offers consumer products, including mobile phones, televisions, blu-rays, DVD players, home theaters, multimedia players and digital cameras and camcorders, home appliances, such as refrigerators, air conditioners, washing machines and ovens. Samsung Electronics Co. Ltd. is headquartered in Seoul, South Korea. “

Separately, Barclays started coverage on Samsung Electronics in a report on Wednesday, August 7th. They set an equal weight rating for the company.

Samsung Electronics has a fifty-two week low of $1,400.00 and a fifty-two week high of $2,450.00. The stock has a 50-day moving average of $434.04.

About Samsung Electronics

Samsung Electronics Co, Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates through following business divisions: Consumer Electronics, Information Technology & Mobile Communications and Device Solutions. The Consumer Electronics business division provides cable television, monitor, printer, air-conditioners, refrigerators, washing machines and medical devices.

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