Report
EUR 13.65 For Business Accounts Only

HIROSE ELECTRIC sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of HIROSE ELECTRIC (JP), active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date January 18, 2022, the closing price was JPY 17,700.00 and its target price was estimated at JPY 16,253.05.
Underlying
HIROSE ELECTRIC CO. LTD.

Hirose Electric and its subsidiaries are engaged in the manufacture and sale of connectors. Co. operates in two business segments. Multi-pin connectors segment provides circular and rectangular connectors, connectors for ribbon cables, connectors for printed circuit boards and nylon connectors. The applications of these connectors include mobile phones and smartphones, digital information consumer electronics, PCs, communications equipment and automotive electronics. Coaxial connectors segment provides connectors for microwave and other high-frequency signals as well as optical fiber connectors and coaxial switches. In addition, Co. provides medical electronics equipment and micro switches.

Provider
TheScreener
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