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

Business Insider

time3 days ago

  • Business
  • Business Insider

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. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter 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.

Morgan Stanley Keeps Their Buy Rating on NIPPON STEEL (NISTF)
Morgan Stanley Keeps Their Buy Rating on NIPPON STEEL (NISTF)

Business Insider

time3 days ago

  • Business
  • Business Insider

Morgan Stanley Keeps Their Buy Rating on NIPPON STEEL (NISTF)

In a report released yesterday, Yu Shirakawa from Morgan Stanley maintained a Buy rating on NIPPON STEEL (NISTF – Research Report), with a price target of Yen4,000.00. The company's shares closed yesterday at $22.44. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Shirakawa is a 2-star analyst with an average return of 0.7% and a 55.56% success rate. Currently, the analyst consensus on NIPPON STEEL is a Moderate Buy with an average price target of $27.77, implying a 23.75% upside from current levels. In a report released on May 26, UBS also maintained a Buy rating on the stock with a Yen4,090.00 price target.

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