Yaskawa Electric (YASKF) Gets a Buy from Macquarie
In a report released yesterday, Wendy Pan from Macquarie maintained a Buy rating on Yaskawa Electric (YASKF – Research Report), with a price target of Yen4,000.00. The company’s shares closed last Wednesday at $23.00.
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Pan covers the Industrials sector, focusing on stocks such as Mitsubishi Heavy Industries, Fuji, and Yaskawa Electric. According to TipRanks, Pan has an average return of 15.3% and a 60.61% success rate on recommended stocks.
Yaskawa Electric has an analyst consensus of Moderate Buy, with a price target consensus of $26.35, a 14.57% upside from current levels. In a report released on June 26, Morgan Stanley also maintained a Buy rating on the stock with a Yen5,000.00 price target.
Based on Yaskawa Electric’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $143.99 billion and a net profit of $11.5 billion. In comparison, last year the company earned a revenue of $151.33 billion and had a net profit of $15.9 billion
