Nomura/Instinet maintains Sumitomo Corp. at 'neutral' with a price target of JPY3350.00

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Nomura/Instinet maintains Sumitomo Corp. at 'neutral' with a price target of JPY3350.00

An analyst from Nomura/Instinet maintained Sumitomo Corp. (TYO: 8053 ) at 'neutral' with a price target of JPY3350.00 from a prior price target of JPY2970.00.

Prior to this rating, Sumitomo Corp. had 3 buy ratings, 5 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Sumitomo Corp., click here. For more news on Sumitomo Corp., click here.

Sumitomo Corp.'s stock price closed at $3.0. They are up -99.9% in the last month and up 64.4% in the last 12 months.

According to Investing Pro, Sumitomo Corp.'s fair value is $3.8K, an upside of 19.8%. Sumitomo Corp.'s fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Sumitomo Corp.'s recent earnings performance and financials here.

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