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Citi Remains a Buy on Mitsubishi Heavy Industries (MHVYF)

Tipranks - Tipranks - Thu Mar 12, 5:39AM CDT

Citi analyst Graeme McDonald maintained a Buy rating on Mitsubishi Heavy Industries today and set a price target of Yen5,300.00.

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According to TipRanks, McDonald is a 4-star analyst with an average return of 16.5% and a 59.57% success rate. McDonald covers the Industrials sector, focusing on stocks such as Harmonic Drive Systems, Kawasaki Heavy Industries, and Mitsubishi Heavy Industries.

In addition to Citi, Mitsubishi Heavy Industries also received a Buy from Goldman Sachs’s Yuichiro Isayama in a report issued on March 9. However, on March 2, UBS maintained a Hold rating on Mitsubishi Heavy Industries (Other OTC: MHVYF).

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MHVYF market cap is currently Yen15625.9B and has a P/E ratio of 33.57.

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