Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $17.59, but opened at $16.59. Idemitsu Kosan Co.,Ltd. shares last traded at $16.65, with a volume of 6,186 shares.
Analysts Set New Price Targets
Separately, Zacks Research raised shares of Idemitsu Kosan Co.,Ltd. to a “hold” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
Read Our Latest Research Report on Idemitsu Kosan Co.,Ltd.
Idemitsu Kosan Co.,Ltd. Stock Down 0.3%
Idemitsu Kosan Co.,Ltd. Company Profile
Idemitsu Kosan Co, Ltd. is a Japanese energy company primarily engaged in the refining of crude oil and the production of petroleum products. Established in 1911 by Sazo Idemitsu, the company has grown into one of Japan’s leading refiners, supplying gasoline, diesel, jet fuel and kerosene to both industrial and retail customers. Its core refining operations are supported by a network of domestic refineries that process a wide range of crude oils.
In addition to its downstream refining business, Idemitsu Kosan manufactures petrochemical feedstocks used in the production of plastics, synthetic rubbers and other chemical intermediates.
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