A major US brokerage maintained its bullish rating on Sumitomo Bakelite and raised its target price from ¥9,900 to ¥11,000. Based on a report distributed on 13 October.
A major US brokerage was reported to have maintained its bullish (1 Buy) rating on Sumitomo Bakelite on 13 October. It also raised its target price from ¥9,900 to ¥11,000.
As of 9 October, the previous day, the rating consensus was 5, representing a “bullish” level, based on 8 analysts. The target price consensus was ¥9,495, also based on 8 analysts.
This article focuses on the above facts and reports on trends in the target stock’s ratings and market consensus.