Kawasaki Shipping <9107> has significantly continued to rise. JP Morgan Securities has upgraded its investment rating from "neutral" to "overweight," raising the target share price from 2,100 yen to 2,350 yen. While continuous shareholder returns have been appreciated so far, it seems that the perception of the stock's undervaluation has strengthened with the upward revision of the performance financial estimates. The ordinary profit for the fiscal year ending March 2025 has been revised upward to 281.6 billion yen, which is expected to exceed the company’s plan of 240 billion yen.
川崎船---大幅続伸、株価の割安感も強まったとして米系証券が格上げ
Kawasaki Ship - significant rise, with a growing sense of undervaluation in stock price prompting a rating upgrade by a US securities firm.
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