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Nomura Sticks to Its Buy Rating for Yaskawa Electric (YASKF)

Tipranks - Tue Jan 20, 10:08AM CST

Nomura analyst Bo Qiong Wang maintained a Buy rating on Yaskawa Electric on January 15 and set a price target of Yen6,000.00. The company’s shares closed last Thursday at Yen5,228.00.

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According to TipRanks, Qiong Wang is a 4-star analyst with an average return of 21.8% and a 79.31% success rate.

In addition to Nomura, Yaskawa Electric also received a Buy from Deutsche Bank ‘s Iris Zheng in a report issued on January 13. However, on January 11, TipRanks – Anthropic downgraded Yaskawa Electric (Other OTC: YASKF) to a Hold.

The company has a one-year high of Yen5,476.00 and a one-year low of Yen2,582.00. Currently, Yaskawa Electric has an average volume of 5.06M.

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