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NIPPON STEEL (NISTF): New Buy Recommendation for This Basic Materials Giant

Tipranks - Tipranks - Wed Jun 18, 2025

In a report released today, Yuji Matsumoto from Nomura maintained a Buy rating on NIPPON STEEL (NISTF – Research Report), with a price target of Yen3,300.00. The company’s shares closed yesterday at $20.26.

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Matsumoto covers the Basic Materials sector, focusing on stocks such as JFE Holdings, Mitsubishi Materials, and Sumitomo Metal Mining Co. According to TipRanks, Matsumoto has an average return of 1.4% and a 47.37% success rate on recommended stocks.

Currently, the analyst consensus on NIPPON STEEL is a Moderate Buy with an average price target of $27.92.

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Based on NIPPON STEEL’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2172763000 thousand and a net profit of $118.73 billion. In comparison, last year the company earned a revenue of $2229394000 thousand and had a net profit of $140.68 billion

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