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Fanuc Corporation (6954) Gets a Hold from Jefferies

Tipranks - Tipranks - Fri May 8, 5:32AM CDT

Jefferies analyst Sho Fukuhara maintained a Hold rating on Fanuc Corporation today and set a price target of Yen7,000.00.

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Fukuhara covers the Industrials sector, focusing on stocks such as TOTO, Kawasaki Heavy Industries, and Daikin. According to TipRanks, Fukuhara has an average return of 19.0% and a 67.90% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fanuc Corporation with a Yen7,211.11 average price target.

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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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