JPMorgan Chase & Co. Upgrades Samsung Electronics (OTCMKTS:SSNLF) to Overweight

Samsung Electronics (OTCMKTS:SSNLF) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Thursday, Marketbeat Ratings reports.

Samsung Electronics Price Performance

Shares of OTCMKTS:SSNLF opened at $40.60 on Thursday. Samsung Electronics has a 1 year low of $40.60 and a 1 year high of $40.60. The company has a market capitalization of $5.24 billion, a PE ratio of 15.15 and a beta of 0.88. The business has a fifty day moving average price of $40.60 and a two-hundred day moving average price of $40.60.

About Samsung Electronics

Samsung Electronics Co, Ltd. engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide. The company offers smartphones, tablets, watches, and accessories; TVs, projectors, and sound devices; home appliances, including refrigerators, washing machines and dryers, vacuum cleaners, cooking appliances, dishwashers, air conditioners, and air purifiers; monitors and memory storage products; displays, and smart and LED signages; and other accessories.