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Nomura Sticks to Its Buy Rating for Marubeni (MARUF)
Nomura analyst Yasuhiro Narita maintained a Buy rating on Marubeni today and set a price target of Yen3,760.00. The company’s shares closed yesterday at $21.38.
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According to TipRanks, Narita is a 4-star analyst with an average return of 19.8% and a 94.44% success rate. Narita covers the Industrials sector, focusing on stocks such as Mitsui & Co, Marubeni, and Itochu.
Marubeni has an analyst consensus of Moderate Buy, with a price target consensus of $23.44.
MARUF market cap is currently $37.4B and has a P/E ratio of 10.28.
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