Samsung Electronics (OTCMKTS:SSNLF) Raised to "Outperform" at Macquarie

Key Points

• Macquarie upgraded Samsung Electronics from a "neutral" rating to an "outperform" rating, reflecting a positive outlook on the company's performance.
• JPMorgan Chase also raised Samsung's rating from "neutral" to "overweight," indicating increased confidence among analysts in the stock's potential.
• Despite recent upgrades, Samsung Electronics' stock price remained flat at $42.33, with a market capitalization of $5.46 billion.

Macquarie upgraded shares of Samsung Electronics (OTCMKTS:SSNLF - Free Report) from a neutral rating to an outperform rating in a research note released on Monday morning, MarketBeat.com reports.

Separately, JPMorgan Chase & Co. raised shares of Samsung Electronics from a "neutral" rating to an "overweight" rating in a research note on Thursday, April 3rd.

Samsung Electronics Price Performance

Shares of OTCMKTS:SSNLF remained flat at $42.33 during trading on Monday. The firm's 50-day simple moving average is $41.70 and its 200 day simple moving average is $40.65. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 15.79 and a beta of 0.88. Samsung Electronics has a 1-year low of $38.83 and a 1-year high of $42.33.

Samsung Electronics Company Profile

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.