Report
EUR 13.70 For Business Accounts Only

Increased risk weighs on ELECOM, penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of ELECOM (JP), active in the Computer Hardware industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date August 17, 2021, the closing price was JPY 1,669.00 and its target price was estimated at JPY 1,585.55.
Underlying
Elecom

ELECOM and its subsidiaries are mainly engaged in the development, manufacture and sale of personal computer and digital equipment-related products. Along with its subsidiaries, Co. develops own brands products under the names of "ELECOM," "Logitec" and "HAGIWARA Solutions." Products offered include mouse, keyboards, network cameras, speakers, computer discs, computer bags, universal serial bus ("USB") hubs, game pads, hard disc cases, hard disc drives, digital versatile disc ("DVD") drives, liquid crystal display ("LCD") monitors, memory modules, USB flash memories, SD memory cards, wireless local area network ("LAN")-related products, in-vehicle recharges, media cases and mouse pads.

Provider
TheScreener
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