NIPPON STEEL (NISTF): New Buy Recommendation for This Basic Materials Giant

In a report released yesterday, Harunobu Goroh from UBS maintained a Buy rating on NIPPON STEEL (NISTF – Research Report), with a price target of Yen4,090.00. The company's shares closed yesterday at $22.44.
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According to TipRanks, Goroh is a 2-star analyst with an average return of 6.9% and a 100.00% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NIPPON STEEL with a $27.77 average price target, which is a 23.75% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a Yen4,000.00 price target.

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