Nippon Paint (NPCPF) Stock Rating Lowered by Zacks Investment Research

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Zacks Investment Research downgraded shares of Nippon Paint (OTCMKTS:NPCPF) from a hold rating to a sell rating in a research report report published on Friday morning, Zacks.com reports.

According to Zacks, “Nippon Paint Holdings Co. Ltd. manufactures and sells paints and coatings primarily in Japan, Asia, North America, Europe and internationally. It offers automotive coatings, industrial coatings, trade-use paints as well as marine coatings. Nippon Paint Holdings Co. Ltd. is headquartered in Osaka, Japan. “

Shares of OTCMKTS NPCPF opened at $38.94 on Friday. Nippon Paint has a 1-year low of $31.00 and a 1-year high of $40.65.

About Nippon Paint

Nippon Paint Holdings Co, Ltd. manufactures and sells various paints and coatings in Japan, Asia, North America, Europe, and internationally. The company offers automotive coatings, such as paints for use in bumpers and plastic components; trade-use paints for homes, buildings, and bridges; and industrial coatings that are used in a range of products, including construction and farming machinery, exterior building materials, office equipment, and household electrical appliances.

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