A major Japanese brokerage maintained its Buy rating on Tokyo Century and raised its target price from ¥2,800 to ¥3,000. As of the previous day, the consensus rating and target price were also at slightly bullish levels.
A major Japanese brokerage maintained its bullish (Buy) rating on Tokyo Century on 22 October and raised its target price to ¥3,000. As of the previous day, the rating consensus was 4.17 from 6 analysts, while the target-price consensus was ¥2,867.
A Sony Holdings-related stock was cited as another stock in the group, while SOMPOH, MS&AD Holdings, Dai-ichi Life Holdings and ACOM were also listed as related stocks.
The latest increase represents an upward revision to the target-price range and has attracted the attention of market participants. However, the article does not provide a specific investment recommendation or forecast of future share-price movements.