Sumitomo Forestry Co (SMFRF) Receives a Hold from Morgan Stanley
Morgan Stanley analyst Toshiyuki Anegawa maintained a Hold rating on Sumitomo Forestry Co (SMFRF – Research Report) yesterday and set a price target of Yen1,500.00. The company's shares closed last Tuesday at $33.51.
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According to TipRanks, Anegawa is an analyst with an average return of -4.8% and a 50.00% success rate. Anegawa covers the Real Estate sector, focusing on stocks such as Daito Construction, Daiwa House Industry Co, and Heiwa Real Estate Co., Ltd..
Sumitomo Forestry Co has an analyst consensus of Hold, with a price target consensus of $30.84.
Based on Sumitomo Forestry Co's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $561.31 billion and a net profit of $30.97 billion. In comparison, last year the company earned a revenue of $500.29 billion and had a net profit of $38.68 billion
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