A major US securities firm maintained Shin-Etsu Chemical’s rating at Bullish while cutting its target price to ¥7,000. As of the previous day, the rating consensus was at a Bullish level, while the target price consensus was ¥7,872.
A major US securities firm was reported to have maintained its rating on Shin-Etsu Chemical at Bullish (Buy). At the same time, the target price was changed from ¥7,200 to ¥7,000, indicating that the price target used as the basis for the investment recommendation had been revised. The article focuses on the background to this revision and comparisons of the figures. It states that, as of the previous day (29 October), the rating consensus was Bullish at 4.71 out of 14 analysts, while the target price consensus was ¥7,872.
The article also cites Kao, SUMCO, Asahi Kasei and Sumitomo Chemical as related stocks, and provides information on trends within the industry and comparisons with other stocks. It references data from IFIS Japan as its source.