Keyence (KYCCF): New Buy Recommendation for This Technology Giant
In a report released yesterday, Kentaro Maekawa from Nomura maintained a Buy rating on Keyence (KYCCF – Research Report), with a price target of Yen75,000.00. The company’s shares closed yesterday at $402.53.
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Maekawa covers the Industrials sector, focusing on stocks such as SMC (OR), Hitachi Construction Machinery Co, and Kawasaki Heavy Industries. According to TipRanks, Maekawa has an average return of 16.0% and a 45.45% success rate on recommended stocks.
In addition to Nomura, Keyence also received a Buy from Bernstein’s Jay Huang in a report issued on June 23. However, on June 17, Morgan Stanley maintained a Hold rating on Keyence (Other OTC: KYCCF).
The company has a one-year high of $537.90 and a one-year low of $310.00. Currently, Keyence has an average volume of 4,610.
