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清水建---大幅反発、粗利益率改善織り込む余地として国内証券が格上げ

Shimizu Corporation---significantly rebounds, domestic securities upgrade the rating as there is room to incorporate improvement in gross profit margin.

Fisco Japan ·  Nov 28 10:22

Shimizu Construction <1803> sharply rebounded. Nomura Securities has upgraded its investment rating from "neutral" to "buy", and also raised the target stock price from 960 yen to 1450 yen. It seems that there is still room to incorporate the improvement of the medium-term construction gross margin, as the risk of losses in large-scale projects decreases. Considering the recent postponement of redevelopment projects, it is also believed that price negotiations with developers are progressing. In addition, it seems that the investment rating of Taisei Corporation has been downgraded by the same securities firm.

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