14 hours ago
Furukawa Electric Co (FUWAF) Gets a Hold from UBS
UBS analyst Harunobu Goroh maintained a Hold rating on Furukawa Electric Co (FUWAF – Research Report) today and set a price target of Yen6,870.00. The company's shares closed last Tuesday at $48.30.
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Goroh covers the Industrials sector, focusing on stocks such as Furukawa Electric Co, Itochu, and Mitsui & Co. According to TipRanks, Goroh has an average return of 4.3% and a 66.67% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Furukawa Electric Co with a $31.70 average price target.
Based on Furukawa Electric Co's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $311.65 billion and a net profit of $5.17 billion. In comparison, last year the company earned a revenue of $262.19 billion and had a GAAP net loss of $2.38 billion
