On 2 October, a major US-based brokerage maintained its Neutral rating on GMO Payment Gateway while cutting its price target from ¥9,300 to ¥8,620. The report also provides related analyst consensus data.
A major US-based brokerage reported on 2 October that it had maintained its Neutral (Equal-Weight) rating on GMO Payment Gateway. Meanwhile, the price target was cut to ¥8,620, indicating an outlook different from the previous day's assessment.
Despite maintaining the rating, the price target was cut from the previous ¥9,300. The article was distributed on the same day and did not discuss the background to the rating decision.
As of the previous day, the rating consensus was 4.22, based on 9 analysts, a "slightly bullish" level. The price target consensus was ¥10,511, also based on 9 analysts. Other stock names were also listed as related stocks.