Bernstein Remains a Buy on SMC (OR) (SMECF)
In a report released on May 22, Jay Huang from Bernstein maintained a Buy rating on SMC (OR) (SMECF – Research Report), with a price target of Yen74,000.00. The company’s shares closed last Friday at $359.00.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Huang is a 2-star analyst with an average return of 0.1% and a 45.95% success rate. Huang covers the Technology sector, focusing on stocks such as Cognex, Keyence, and IPG Photonics.
SMC (OR) has an analyst consensus of Strong Buy, with a price target consensus of $481.56, which is a 34.14% upside from current levels. In a report released on May 16, CLSA also initiated coverage with a Buy rating on the stock with a Yen64,000.00 price target.
SMECF market cap is currently $24.7B and has a P/E ratio of 22.39.
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.