5 days ago
Morgan Stanley Sticks to Its Buy Rating for Asics (ASCCF)
In a report released yesterday, Ai Furukawa from Morgan Stanley maintained a Buy rating on Asics (ASCCF – Research Report), with a price target of Yen4,100.00.
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According to TipRanks, Furukawa is an analyst with an average return of -8.4% and a 33.33% success rate.
The word on The Street in general, suggests a Hold analyst consensus rating for Asics.
Based on Asics' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $208.31 billion and a net profit of $31.65 billion. In comparison, last year the company earned a revenue of $174.1 billion and had a net profit of $26.74 billion
