[Analyst Rating] Kobe Steel, Ltd., Bearish rating maintained, target price raised to ¥1,750 (major U.S. brokerage) (IFIS Stock Forecast)

A major US-affiliated securities firm maintained its Bearish rating on Kobe Steel,Ltd. while raising its target price to ¥1,750. Consensus information as of the previous day is also included.

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The story

The major US-affiliated securities firm maintained its Bearish (3 Underperform) rating on Kobe Steel,Ltd., but raised its target price from ¥1,630 to ¥1,750.

According to the firm's announcement, Kobe Steel,Ltd.'s rating remained Bearish, while its target price was raised. The article also presents consensus information from market participants as of the previous day.

As of the previous day, 30 October, the rating consensus was an average of 2.87 among 8 analysts, indicating Neutral, while the target price consensus was ¥2,103 among 8 analysts.

Related stocks include Nippon Steel, Maruichi Steel Tube, JFEH and Tokyo Steel Manufacturing.

At a glance

Stock name: Kobe SteelKobe Steel,Ltd.'s rating remained Bearish.

RatingBearish (3 Underperform) was maintained.

Target share priceRaised to ¥1,750.

Previous-day consensusThe rating consensus as of the previous day was 2.87 (8 analysts), indicating Neutral.

Target price consensusThe target price consensus was ¥2,103 (8 analysts).

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