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Mitsubishi Heavy Industries (MHVYF) Receives a Buy from Goldman Sachs

Tipranks - Tipranks - Fri Feb 6, 4:18AM CST

Goldman Sachs analyst Yuichiro Isayama maintained a Buy rating on Mitsubishi Heavy Industries today and set a price target of Yen5,800.00.

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Isayama covers the Industrials sector, focusing on stocks such as Mitsubishi Heavy Industries, Harmonic Drive Systems, and Kawasaki Heavy Industries. According to TipRanks, Isayama has an average return of 6.5% and a 56.12% success rate on recommended stocks.

In addition to Goldman Sachs, Mitsubishi Heavy Industries also received a Buy from TipRanks – PerPlexity’s PerPlexity Industrial – Machinery in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Mitsubishi Heavy Industries (Other OTC: MHVYF).

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Based on Mitsubishi Heavy Industries’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of Yen920.07 billion and a net profit of Yen46.69 billion. In comparison, last year the company earned a revenue of Yen1186558000 thousand and had a net profit of Yen44.83 billion

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