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大阪チタ---大幅続伸、値上げ期待反映による株価上昇見込み国内証券が目標株価上げ

Osaka Chita --- Significant Continued Increase, Stock Prices Expected to Rise Due to Expectations of Price Increase Domestic Securities Target Stock Price Increase

Fisco Japan ·  May 30 12:42

$OSAKA Titanium technologies (5726.JP)$has continued to increase drastically. Daiwa Securities continues to make investment decisions “1,” and has raised the target stock price from 4000 yen to 4800 yen. Stock prices are expected to rise in the future, reflecting expectations of price increases when long-term export contracts are renewed. The settlement of domestic price increase negotiations in fiscal year 24 and the formal decision to build a new sponge titanium plant are also expected to become catalysts. Also, it is said that the fact that the investment amount for the new sponge titanium plant will be suppressed to 30 billion yen will also recede concerns about financing.

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