Report
EUR 14.01 For Business Accounts Only

NISSHIN STEEL CTD. sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of NISSHIN STEEL CTD. (JP), active in the Steel industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date November 13, 2018, the closing price was JPY 1,498.00 and its target price was estimated at JPY 1,258.17.
Underlying
Nisshin Steel Co. Ltd.

Nisshin Steel is an integrated steel manufacturing group based in Japan. Along with its affiliates, Co. is engaged in the manufacture, processing and sale of steel and non-ferrous metals. Co. is also engaged in the manufacture of light-gauge materials including surface-treated and stainless steel products. Co. offers a broad range of steel products including coated steel, such as galvanized, aluminized, and copper-plated steel sheet and strip; stainless steel sheet and strip; hot- and cold-rolled ordinary steel sheet and strip; and special steel. Principal users of Co.'s products include the automotive, household, and industrial electrical appliance and construction industries.

Provider
TheScreener
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