Zacks Investment Research upgraded shares of Denso Corp (OTCMKTS:DNZOY) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning, Market Beat Ratings reports.

According to Zacks, “Denso Corporation is the global manufacturer and supplier of automotive technology, systems and auto parts. Its automotive supplies include advanced technology, systems and components in the areas of thermal, power train control, electric, electronics and information and safety. The Company’s product line includes body electronics, hybrid vehicle components, automatic identification products, industrial robots, programmable logic controllers; and products that provide engine management, climate control, driving control and safety. Products offered by Denso are: automotive air conditioning, heaters, cockpit modules, radiators, starters, alternators, concealed rear wipers, windshield wiper, washer systems, power windows, airbag sensing, lane keeping assist, electric power steering systems, battery ECU, DC-DC converters, integrated starter generators, electric compressors, car navigation systems, electronic toll collection systems, and data communication modules. Denso is headquartered in Kariya City, Japan. “

Shares of Denso Corp (OTCMKTS:DNZOY) opened at 21.10 on Tuesday. The firm has a 50-day moving average price of $22.82 and a 200-day moving average price of $23.22. The stock has a market cap of $33.56 billion and a P/E ratio of 15.93. Denso Corp has a 52-week low of $20.53 and a 52-week high of $26.59.

Denso Corporation manufactures and sells automobile parts. Powertrain Machinery segment offers engine equipment, including ignition coils, magnetos and others; valves and oil filters; diesel injection products, including nozzles and others; gasoline injection products, such as fuel pumps. Electronic segment offers engine control computers, power management computers and others. Thermal segment offers car air conditioning systems, cooling fans, as well as refrigerators and air purifiers. Information Security segment offers information communication equipment, including combination meters and air conditioning panels, driver status monitors, sensors and others. Motors segment offers wiper and washer systems. Industrial Equipment offers bar code handy scanners and handy terminals. Living-related Equipment segment offers automatic faucets. As of March 31, 2014, the Company had 185 subsidiaries, two unconsolidated subsidiaries and 33 associated companies.

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