A major European brokerage announced on 1 October that it had maintained Workman's rating at Neutral while lowering its target price from ¥6,360 to ¥5,830. The previous day's consensus was considered somewhat bullish.
A major European brokerage announced on 1 October that it had maintained Workman's rating at Neutral. Meanwhile, the target price was lowered from ¥6,360 to ¥5,830. The move left the rating on the company unchanged while lowering its valuation.
The market consensus underlying the announcement on the same day was a rating of 3.6, based on 10 analysts, described as “somewhat bullish,” and a target price of ¥7,336, also based on 10 analysts. This highlights a divergence in market participants’ outlooks.
Related stocks include ハニーズＨ, ファーマライズＨ, ナフコ and カルラ. The announcement is being reported as having been issued by IFIS Japan. Further research and updates to individual brokerage views will be watched going forward.