Ricoh Co Ltd (NASDAQ:RICOY) Receives Average Recommendation of “Sell” from Analysts

Shares of Ricoh Co Ltd (NASDAQ:RICOY) have earned a consensus broker rating score of 3.50 (Sell) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell recommendation and one has given a hold recommendation to the company.

Brokers have set a 1-year consensus price target of $6.00 for the company, according to Zacks. Zacks has also given Ricoh Co an industry rank of 62 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research raised Ricoh Co from a “sell” rating to a “hold” rating in a research report on Tuesday, September 6th.

Shares of Ricoh Co (NASDAQ:RICOY) opened at 8.85 on Wednesday. The stock has a market capitalization of $6.42 billion and a P/E ratio of 11.86. Ricoh Co has a one year low of $8.13 and a one year high of $11.26. The company’s 50 day moving average price is $9.21 and its 200 day moving average price is $9.16.

Ricoh Co Company Profile

RICOH COMPANY, LTD. is a Japan-based company mainly engaged in the provision of office and industrial equipment. The Company operates in three business segments. The Image & Solution segment is engaged in the manufacture and sale of office equipment, including copiers, multi-functional printers (MFPs), production printers and personal computers (PCs) or servers, as well as the provision of various support services.

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