31-05-2025
Mitsui Chemicals (MITUF) Receives a Buy from Morgan Stanley
Morgan Stanley analyst Takato Watabe maintained a Buy rating on Mitsui Chemicals (MITUF – Research Report) yesterday and set a price target of Yen4,300.00. The company's shares closed last Wednesday at $24.63.
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According to TipRanks, Watabe is a 3-star analyst with an average return of 5.6% and a 50.00% success rate.
Currently, the analyst consensus on Mitsui Chemicals is a Moderate Buy with an average price target of $27.11, a 10.07% upside from current levels. In a report released on May 21, UBS also maintained a Buy rating on the stock with a Yen3,900.00 price target.
Based on Mitsui Chemicals' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $470.33 billion and a GAAP net loss of $5.47 billion. In comparison, last year the company earned a revenue of $475.21 billion and had a net profit of $12.74 billion
