Morgan Stanley downgrades Dai-ichi Life Holdings (DCNSF) to a Hold
In a report released yesterday, Mia Nagasaka from Morgan Stanley downgraded Dai-ichi Life Holdings (DCNSF – Research Report) to a Hold, with a price target of Yen1,200.00. The company's shares closed last Tuesday at $7.50.
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According to TipRanks, Nagasaka is a 2-star analyst with an average return of -0.5% and a 57.14% success rate. Nagasaka covers the Financial sector, focusing on stocks such as MS&AD Insurance Group Holdings, Chiba Bank, and Dai-ichi Life Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dai-ichi Life Holdings with a $8.90 average price target.
The company has a one-year high of $8.66 and a one-year low of $5.52. Currently, Dai-ichi Life Holdings has an average volume of 361.
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