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SHOEI---Significant continued increase, as domestic securities have upgraded due to conservative company plans etc.
SHOEI <7839> sees a significant continuation of gains. SMBC Nikko Securities has upgraded its investment rating from "2" to "1" and raised the target stock price from 2400 yen to 3400 yen. The resurgence of the china market has been confirmed, and it seems they determine that sustained growth is possible. There is also an evaluation that the stock price is significantly undervalued for a company with strong brand power and global competitiveness. Regarding the company's earnings guidance, operating profit has exceeded the initial company forecasts for the past ten periods, and there is a trend of disclosing information conservatively each year.
SMBC Nikko Upgrades Shoei to Outperform From Neutral; Price Target Is 3,400 Yen
Shoei Co 7839 FY Net Y7.38B Vs Net Y7.07B
Shoei Co 7839 Sees FY Net Y6.22B
Shoei Co 7839 Raises FY Dividend Plan to Y70.00
KLASS, SHOEI, Aozora, asia Aviation (15th)
※Please note that the above calendar is tentative and subject to change due to company reasons. --------------------------------------- November 15th (Gold) <4445> Livin T <4657> Environmental Management <4919> Milbon <6233> KLASS <7839> SHOEI <8304> Aozora <9233> Asia Aviation -----------------
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