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SMBC Nikko Remains a Hold on Fanuc Corporation (6954)

Tipranks - Thu Mar 12, 5:39AM CDT

SMBC Nikko analyst maintained a Hold rating on Fanuc Corporation today and set a price target of Yen6,200.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fanuc Corporation with a Yen6,959.38 average price target.

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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