[Analyst Rating] Koito Manufacturing upgraded to Bullish, target price raised to ¥3,400 (major Japanese securities firm) (ifis stock forecast)

A major Japanese securities firm raised Koito Manufacturing’s rating from Neutral to Buy and raised its target price to ¥3,400. The news was reported on 29 September.

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The story

A major Japanese securities firm raised Koito Manufacturing’s rating from Neutral to Buy and its target price from ¥2,600 to ¥3,400. This indicates an upward revision to the market’s assessment of the company’s shares.

The information dated the same day states that, as of 28 September, the rating consensus was 3.1, rated Neutral, based on 10 analysts, while the target-price consensus was ¥2,782, also based on 10 analysts.

Related stocks listed include DENSO, Aisin, ＮＯＫ and Stanley Electric, drawing attention to developments among the company’s peer group.

At a glance

CompanyKoito Manufacturing rating upgrade

DateDistributed at 18:42 on 29 September

Target priceRaised to ¥3,400

Previous ratingChanged from Neutral to Buy

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