5 days ago
Morgan Stanley Sticks to Their Buy Rating for Asahi Intecc Co (AHICF)
Morgan Stanley analyst Ryotaro Hayashi maintained a Buy rating on Asahi Intecc Co (AHICF – Research Report) yesterday and set a price target of Yen3,600.00. The company's shares closed last Wednesday at $16.17.
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According to TipRanks, Hayashi is a 2-star analyst with an average return of 1.8% and a 35.29% success rate. Hayashi covers the Healthcare sector, focusing on stocks such as Asahi Intecc Co, Sysmex, and PHC Holdings Corp..
Currently, the analyst consensus on Asahi Intecc Co is a Moderate Buy with an average price target of $17.12, representing a 5.88% upside. In a report released on May 20, CLSA also maintained a Buy rating on the stock with a Yen2,490.00 price target.
Based on Asahi Intecc Co's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $30.31 billion and a net profit of $5.48 billion. In comparison, last year the company earned a revenue of $25.63 billion and had a net profit of $3.74 billion
