Report
EUR 13.73 For Business Accounts Only

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

The independent financial analyst theScreener just lowered the general evaluation of SHIMANO (JP), active in the Recreational Products 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 January 14, 2022, the closing price was JPY 27,890.00 and its target price was estimated at JPY 26,495.50.
Underlying
Shimano Inc.

SHIMANO is engaged in the manufacture and sale of bicycle components, fishing tackle and rowing equipment. Co.'s operations are organized in three business segments. Bicycle Components segment offers driving parts, braking parts and other related products including shift transmissions, brakes, running gears, road racing wheels, shift levers, cranks, chains, pedals, road bikes, bicycles and shoes for mountain bikes. Fishing segment handles reels, rods, quills, fishing gears and other related accessories. Others segment is involved in the manufacture and sale of cold-forging parts for automobile-related companies and rowing-related products.

Provider
TheScreener
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