Nichirei (TSE:2871) Valuation in Focus After Analyst Downgrade and Target Price Cut
Nichirei (TSE:2871) shares saw renewed attention after domestic major analysts downgraded the company to the middle tier. A reduction in its target price also sparked conversations among investors about future prospects.
See our latest analysis for Nichirei.
Following the analyst downgrade, Nichirei’s share price has edged lower over the year, now sitting at ¥1,745, with a year-to-date share price return of -13.6%. While momentum has faded recently, long-term investors are still well ahead with a 59.2% three-year total shareholder return and 44.4% over five years. This demonstrates the company’s staying power even as sentiment shifts.
If you’re curious where else sustained returns can be found, now’s the perfect moment to…
