A major U.S. securities firm maintained its Overweight rating on Toyo Gosei Co., Ltd. while cutting its target price from ¥20,000 to ¥13,000.
A major U.S. securities firm indicated that it had maintained its Overweight rating on Toyo Gosei Co., Ltd. At the same time, its target price was cut substantially from the previous level and set at ¥13,000.
The announcement was reportedly made on 25 September. The firm maintained its current Overweight rating while lowering its target price as the appropriate level for the stock price.
As market consensus information, the rating consensus as of 24 September was reportedly 4.6, based on 5 analysts and indicating an Overweight level. The target price consensus was ¥17,500, based on 5 analysts.
Related stocks cited include サンケイ化学, クミアイ化学工業, 北興化学工業 and 昭和化学工業.