DOWA <5714> surged significantly. Daiwa Securities upgraded its investment rating from "4" to "3" and raised its target stock price from 3500 yen to 5300 yen. Although it is difficult to find a sense of undervaluation in the stock price due to the level of dividend yield, it is said to have raised its evaluation considering contributions to ESG through its main business centered on environmental recycling, recovery of silver powder sales, and relative comparison of fundamentals within the sector. It is necessary for a full-fledged rise that performance expansion scenarios not dependent on fluctuations in the metal market conditions are needed.
DOWA---大幅反発、ESGへの貢献なども評価して国内証券が格上げ
DOWA has made a significant rebound and is being upgraded by domestic securities firms, recognizing its contributions to ESG.
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