Report
EUR 13.70 For Business Accounts Only

NISSIN KOGYO CO.LTD. sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of NISSIN KOGYO CO.LTD. (JP), active in the Auto Parts industry. As regards its fundamental valuation, the title now shows 1 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 April 14, 2020, the closing price was JPY 2,180.00 and its target price was estimated at JPY 1,843.95.
Underlying
Nissin Kogyo Co. Ltd.

Nissin Kogyo is mainly engaged in the installation of brakes for two and four wheeled vehicles as well as the development, manufacture, and sale of aluminum. Co.'s principal products are vehicle stability assists systems, anti-lock braking systems, disc brakes, drum brakes, engine mount brackets, master cylinder and master power, aluminum knuckles, and others; and anti-lock braking systems, disc brakes, drum brakes, brake master cylinders, clutch master cylinders, and others. In addition, Co. is engaged in the manufacture sale of machinery, metal molds, aluminum components, cutting instruments, and others.

Provider
TheScreener
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