A major U.S.-based securities firm reportedly maintained its bearish rating on Coca-Cola BJH while raising its target price to ¥3,250. The company covered is Coca-Cola Bottlers Japan Holdings Inc.
As of 9 October, a major U.S.-based securities firm is said to have maintained its bearish (Underweight) rating on Coca-Cola Bottlers Japan Holdings Inc. Meanwhile, the target price was reportedly raised from ¥2,800 to ¥3,250.
Despite the firm’s unilateral increase, the rating consensus was 3.29, in neutral territory, as of the previous day, 8 October, while the target price consensus was reported to be ¥3,943.
The article also includes comparative information on multiple stocks and reportedly identifies Kirin Holdings, ITO EN, Nichirei and Kewpie as related stocks.