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Macquarie Sticks to Its Buy Rating for Fanuc Corporation (6954)

Tipranks - Tue Apr 28, 5:32AM CDT

Macquarie analyst maintained a Buy rating on Fanuc Corporation today and set a price target of Yen8,000.00.

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Currently, the analyst consensus on Fanuc Corporation is a Moderate Buy with an average price target of Yen7,090.00.

Based on Fanuc Corporation’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of Yen196.36 billion and a net profit of Yen37.84 billion. In comparison, last year the company earned a revenue of Yen195.1 billion and had a net profit of Yen28.8 billion

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