Ube Industries (OTCMKTS:UBEOF) Lowered to Hold at Jefferies Financial Group

Ube Industries (OTCMKTS:UBEOF) was downgraded by investment analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Friday, The Fly reports.

UBEOF opened at $21.51 on Friday.

Ube Industries Company Profile

Ube Industries, Ltd., together with its subsidiaries, engages in chemicals, pharmaceuticals, cement and construction materials, machinery, and energy and environment businesses worldwide. Its Chemicals segment offers synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, telecommunication parts, separation membranes, fine chemicals, ceramics, phosphor, high purity chemicals, aerospace materials, inorganic fiber, and high temperature paints.

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The Fly

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