Nomura Remains a Buy on Nifco Inc. (7988)
Nomura analyst Wataru Ishimoto maintained a Buy rating on Nifco Inc. (7988 – Research Report) on June 12 and set a price target of Yen4,900.00. The company's shares closed last Friday at Yen3,247.00.
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Ishimoto covers the Consumer Cyclical sector, focusing on stocks such as Koito Manufacturing Co, Aisin Seiki Co, and Bridgestone. According to TipRanks, Ishimoto has an average return of 2.5% and a 50.00% success rate on recommended stocks.
Currently, the analyst consensus on Nifco Inc. is a Strong Buy with an average price target of Yen4,566.67.
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