01-06-2025
- Automotive
- Business Insider
Morgan Stanley Reaffirms Their Sell Rating on Koito Manufacturing Co (KOTMF)
In a report released on May 29, Shinji Kakiuchi from Morgan Stanley maintained a Sell rating on Koito Manufacturing Co (KOTMF – Research Report), with a price target of Yen1,700.00.
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According to TipRanks, Kakiuchi is a 3-star analyst with an average return of 5.3% and a 55.26% success rate. Kakiuchi covers the Consumer Cyclical sector, focusing on stocks such as Toyota Motor, Koito Manufacturing Co, and Aisin Seiki Co.
Currently, the analyst consensus on Koito Manufacturing Co is a Moderate Sell with an average price target of $10.41.
Based on Koito Manufacturing Co's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $241.54 billion and a net profit of $17.02 billion. In comparison, last year the company earned a revenue of $235.33 billion and had a net profit of $4.17 billion
