This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
Marubeni (MARUF) Initiated with a Buy at J.P. Morgan
J.P. Morgan analyst initiated coverage with a Buy rating on Marubeni today and set a price target of Yen4,250.00. The company’s shares closed yesterday at $24.56.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Currently, the analyst consensus on Marubeni is a Moderate Buy with an average price target of $26.79.
Based on Marubeni’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2163722000 thousand and a net profit of $154.4 billion. In comparison, last year the company earned a revenue of $2051315000 thousand and had a net profit of $142.6 billion
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
