SMC (OR) (SMECF) Gets a Buy from Bernstein
Bernstein analyst Jay Huang maintained a Buy rating on SMC (OR) (SMECF – Research Report) today and set a price target of Yen76,000.00. The company’s shares closed last Friday at $343.54.
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According to TipRanks, Huang is an analyst with an average return of -4.4% and a 28.21% success rate. Huang covers the Technology sector, focusing on stocks such as Cognex, IPG Photonics, and Keyence.
Currently, the analyst consensus on SMC (OR) is a Strong Buy with an average price target of $461.85.
Based on SMC (OR)’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $195.4 billion and a net profit of $42.19 billion. In comparison, last year the company earned a revenue of $189.07 billion and had a net profit of $42.57 billion
