A major Japanese securities firm maintained its slightly bullish rating on Nihon M&A Center Holdings while changing the price target from ¥840 to ¥740. As of the previous day, the consensus target price was ¥773 and the consensus rating was slightly bullish.
According to reports published on 2 November, the rating on Nihon M&A Center Holdings was maintained at “slightly bullish (2),” while the price target was changed from ¥840 to ¥740. The major Japanese securities firm maintained its current rating while lowering its price target. It was also noted that attention should be paid to trends in related stocks.
Reports dated the same day stated that, as of the previous day (30 October), the rating consensus was 3.75, based on 4 analysts and corresponding to a slightly bullish level, while the price target consensus was ¥773, also based on 4 analysts. Market participants cautioned that the outlook could change depending on future company developments and market conditions.