Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Cosmo Energy Holdings Co., Ltd. ( (JP:5021) ) just unveiled an announcement.
Cosmo Energy Holdings Co., Ltd. announced its relationship with Iwatani Corporation, which holds 21.28% of its voting shares, categorizing it as an affiliated company. The two companies have entered into a capital and business alliance to collaborate on hydrogen business initiatives. Despite this affiliation, Cosmo Energy maintains operational independence and has appointed Shigeki Iwane, an expert in the electricity sector, as a non-executive director to strengthen its green electric supply chain.
The most recent analyst rating on (JP:5021) stock is a Hold with a Yen9710.00 price target. To see the full list of analyst forecasts on Cosmo Energy Holdings Co., Ltd. stock, see the JP:5021 Stock Forecast page.
More about Cosmo Energy Holdings Co., Ltd.
Cosmo Energy Holdings Co., Ltd. operates in the energy sector, focusing on the hydrogen business. The company has formed joint ventures with Iwatani Corporation, such as Iwatani Cosmo Hydrogen Station LLC and Cosmo Iwatani Hydrogen Engineering LLC, to advance in this field. It maintains a degree of independence in its operations despite Iwatani owning a significant portion of its voting shares.
Average Trading Volume: 382,367
Technical Sentiment Signal: Buy
Current Market Cap: Yen540.5B
For detailed information about 5021 stock, go to TipRanks’ Stock Analysis page.