A major U.S. brokerage raised Stanley Electric’s rating from Neutral to Overweight and its target price to ¥4,200. Consensus information as of the previous day was also released.
On 13 October, a major U.S. brokerage raised its rating on Stanley Electric from Neutral (Equal-Weight) to Overweight and its target price from ¥3,900 to ¥4,200. The revision has attracted the attention of market participants.
According to the brokerage’s release, as of the previous day, 9 October, the rating consensus was 4, based on 10 analysts, representing a “slightly bullish” level. The target price consensus was ¥3,996, also based on 10 analysts.