A major Japanese securities firm has maintained its bullish rating on Tokyo Keiki and raised its target price from ¥7,500 to ¥9,400.
A major Japanese securities firm reportedly maintained its rating on Tokyo Keiki at Buy (bullish) on 24 September. There was no update to the underlying market information, and the rating remains bullish.
The firm raised its target price from ¥7,500 to ¥9,400. This represents an upward revision from the previous target, although the article does not discuss the basis for the figure or the specific valuation formula used.
As of 18 September, the market consensus rating was 4.75, a bullish level, based on 4 analysts, while the average target price was ¥8,167, based on 3 analysts. The latest increase represents a change relative to these levels.
Related stocks cited include Shimadzu Corporation, Okamoto Glass, Asahi Intecc and Daiken Medical, and investors are also watching developments in these stocks.