J.P. Morgan Reaffirms Their Buy Rating on Lion (LIOPF) | Markets Insider
In a report released on March 6, Akiko Kuwahara from J.P. Morgan maintained a Buy rating on Lion (LIOPF – Research Report), with a price target of Yen2,150.00. The company’s shares closed last Wednesday at $9.13.
Kuwahara covers the Consumer Defensive sector, focusing on stocks such as Kao, Kose, and Lion. According to TipRanks, Kuwahara has an average return of -7.0% and a 33.33% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lion with a $13.17 average price target.
Based on Lion’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $105.67 billion and a net profit of $6.38 billion. In comparison, last year the company earned a revenue of $102.04 billion and had a net profit of $2.72 billion