Mitsubishi Heavy Industries (MHVYF) Gets a Buy from Bank of America Securities | Markets Insider
Bank of America Securities analyst Kenjin Hotta maintained a Buy rating on Mitsubishi Heavy Industries (MHVYF – Research Report) on June 26 and set a price target of Yen3,900.00. The company’s shares closed yesterday at $25.47.
Hotta covers the Industrials sector, focusing on stocks such as IHI, Kawasaki Heavy Industries, and Mitsubishi Heavy Industries. According to TipRanks, Hotta has an average return of -4.1% and a 25.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mitsubishi Heavy Industries with a $25.61 average price target, which is a 0.55% upside from current levels. In a report released on June 25, Jefferies also maintained a Buy rating on the stock with a Yen4,100.00 price target.
MHVYF market cap is currently $84.69B and has a P/E ratio of 53.16.
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