A major US brokerage maintained its bullish rating on Toyo Gosei while cutting its target price to ¥15,700. The consensus as of the previous day was bullish, drawing attention from market participants.
On 27 October, a major US brokerage reportedly maintained its bullish rating on Toyo Gosei at Bullish (1: Buy). Meanwhile, the target price was cut to ¥15,700 from the previous ¥18,700. This article is based on an announcement by IFIS Japan.
As of the previous day, 26 October, the rating consensus was 4.6 (5 analysts), or "Bullish", and the target price consensus was ¥16,100 (5 analysts).
Sankei Chemical, Kumiai Chemical, Hokko Chemical and Showa Chemical were cited as related stocks, and investors are also watching developments in these stocks.