Itochu (ITOCF) Receives a Buy from Nomura
Nomura analyst Yasuhiro Narita maintained a Buy rating on Itochu today and set a price target of Yen9,210.00. The company’s shares closed yesterday at $54.56.
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Narita covers the Industrials sector, focusing on stocks such as Mitsui & Co, Marubeni, and Itochu. According to TipRanks, Narita has an average return of 19.8% and a 94.44% success rate on recommended stocks.
Currently, the analyst consensus on Itochu is a Moderate Buy with an average price target of $56.27.
ITOCF market cap is currently $80.84B and has a P/E ratio of 12.19.
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