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Bank of America Securities Remains a Buy on Mitsubishi (MSBHF)

Tipranks - Sat Apr 4, 5:22AM CDT

Bank of America Securities analyst maintained a Buy rating on Mitsubishi today and set a price target of Yen6,500.00.

End of Quarter Sale - 50% Off TipRanks

In addition to Bank of America Securities, Mitsubishi also received a Buy from TipRanks – xAI’s xAi Conglomerates in a report issued on April 1. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Mitsubishi (Other OTC: MSBHF).

Based on Mitsubishi’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of Yen5043206000 thousand and a net profit of Yen252.13 billion. In comparison, last year the company earned a revenue of Yen4588524000 thousand and had a net profit of Yen209.35 billion

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