Kawasaki Heavy Industries (KWHIF) Gets a Buy from Bank of America Securities | Markets Insider
Bank of America Securities analyst Kenjin Hotta initiated coverage with a Buy rating on Kawasaki Heavy Industries (KWHIF – Research Report) on June 26 and set a price target of Yen13,000.00. The company’s shares closed last Friday at $57.30.
According to TipRanks, Hotta is an analyst with an average return of -4.1% and a 25.00% success rate. Hotta covers the Industrials sector, focusing on stocks such as IHI, Kawasaki Heavy Industries, and Mitsubishi Heavy Industries.
In addition to Bank of America Securities, Kawasaki Heavy Industries also received a Buy from Jefferies’s Sho Fukuhara in a report issued on June 24. However, on June 19, CLSA maintained a Hold rating on Kawasaki Heavy Industries (Other OTC: KWHIF).
Based on Kawasaki Heavy Industries’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $721.96 billion and a net profit of $43.84 billion. In comparison, last year the company earned a revenue of $620.22 billion and had a net profit of $38.86 billion
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