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Analysts Offer Insights on Industrial Goods Companies: Mitsubishi Heavy Industries (OtherMHVYF) and Kawasaki Heavy Industries (OtherKWHIF)

Tipranks - Wed Feb 11, 4:34AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Mitsubishi Heavy Industries (MHVYFResearch Report) and Kawasaki Heavy Industries (KWHIFResearch Report) with bullish sentiments.

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Mitsubishi Heavy Industries (MHVYF)

In a report released today, Sho Fukuhara from Jefferies maintained a Buy rating on Mitsubishi Heavy Industries, with a price target of Yen6000.00. The company’s shares closed last Monday at $32.35.

Fukuhara has an average return of 71.1% when recommending Mitsubishi Heavy Industries. ;'>

According to TipRanks.com, Fukuhara is ranked #959 out of 12109 analysts.

Currently, the analyst consensus on Mitsubishi Heavy Industries is a Strong Buy with an average price target of $33.87, which is a 3.8% upside from current levels. In a report issued on January 27, TipRanks – PerPlexity also upgraded the stock to Buy with a Yen5060.00 price target.

See today’s best-performing stocks on TipRanks >>

Kawasaki Heavy Industries (KWHIF)

In a report released today, Yuichiro Isayama from Goldman Sachs maintained a Buy rating on Kawasaki Heavy Industries, with a price target of Yen17000.00. The company’s shares closed last Thursday at $88.00.

According to TipRanks.com, Isayama is a 4-star analyst with an average return of 10.8% and a 61.5% success rate. Isayama covers the Industrial Goods sector, focusing on stocks such as Mitsubishi Heavy Industries, Harmonic Drive Systems, and Misumi Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kawasaki Heavy Industries with a $95.46 average price target, representing an 8.5% upside. In a report issued on January 29, TipRanks – Google also upgraded the stock to Buy with a Yen13943.00 price target.

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