Nomura Reaffirms Their Buy Rating on Keyence (KYCCF)
Nomura analyst Kentaro Maekawa maintained a Buy rating on Keyence today and set a price target of Yen76,000.00. The company’s shares opened today at $371.91.
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Maekawa covers the Industrials sector, focusing on stocks such as SMC (OR), Daikin, and Hitachi Construction Machinery Co. According to TipRanks, Maekawa has an average return of 18.4% and a 65.22% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Keyence with a $471.15 average price target.
Based on Keyence’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $283.96 billion and a net profit of $106.89 billion. In comparison, last year the company earned a revenue of $260.1 billion and had a net profit of $103.22 billion
Read More on KYCCF:
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- Keyence Reports Modest Growth in Q1 2025 Financial Results
- Keyence downgraded to Neutral from Buy at Goldman Sachs
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- Keyence Considers Investment Unit Reduction to Boost Stock Liquidity
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