Report
EUR 13.65 For Business Accounts Only

An unfavourable environment weighs on RINNAI, which sees a downgrade to Neutral

The independent financial analyst theScreener just requalified the general evaluation of RINNAI (JP), active in the Durable Household Products industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as defensive. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Neutral. As of the analysis date May 14, 2021, the closing price was JPY 10,800.00 and its target price was estimated at JPY 9,971.89.
Underlying
Rinnai Corporation

Rinnai and its affiliates are mainly engaged in the manufacture and sale of heating appliances and components. Co.'s principal products include kitchen appliances such as tabletop gas stoves, built-in gas stoves, dishwashers, gas rice cookers, and ovens; bathroom appliances such as bathroom TVs and heaters; gas water heaters and gas/solar hybrid water heaters; air conditioning products including gas fan heaters, infrared gas heaters, and floor heating systems; and commercial-use equipment including gas ovens, kitchen units, gas ranges, and hot water units. Co. operates its operations in Japan, Asia, North America, South America, Oceania, Europe, Middle East, and Africa.

Provider
TheScreener
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