Macquarie initiates coverage of Shin-Etsu Chemical at 'outperform' with a price target of JPY5675.00

  • Investing.com
Macquarie initiates coverage of Shin-Etsu Chemical at 'outperform' with a price target of JPY5675.00

An analyst from Macquarie initiated coverage of Shin-Etsu Chemical (TYO: 4063 ) at 'outperform' with a price target of JPY5675.00 from a prior price target of JPY6000.00.

Prior to this rating, Shin-Etsu Chemical had 12 buy ratings, 3 hold ratings, and 1 sell ratings.

For consensus analyst estimates and price targets on Shin-Etsu Chemical, click here. For more news on Shin-Etsu Chemical, click here.

Shin-Etsu Chemical's stock price closed at $4.0. They are down -99.91% in the last month and up 46.4% in the last 12 months.

According to Investing Pro, Shin-Etsu Chemical's fair value is $5.7K, an upside of 25.5%. Shin-Etsu Chemical's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Shin-Etsu Chemical's recent earnings performance and financials here.

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