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The latest announcement is out from IPS, Inc. ( (JP:4390) ).
IPS, Inc. sees significant opportunities following the enactment of the Konektadong Pinoy Act in the Philippines, which promotes competition in telecommunications by mandating open access to fiber optic networks. This law is expected to boost demand for IPS’s network construction services, enabling the company to expand its role and anticipate stable revenue streams. Additionally, the completion of the Candle Submarine Cable System is set to enhance IPS’s position in international telecommunications infrastructure, creating further investment opportunities and growth potential.
The most recent analyst rating on (JP:4390) stock is a Buy with a Yen3290.00 price target. To see the full list of analyst forecasts on IPS, Inc. stock, see the JP:4390 Stock Forecast page.
More about IPS, Inc.
IPS, Inc. operates in the telecommunications industry, providing network construction services and integrated service packages to regional Internet Service Providers (ISPs). The company focuses on supporting ISPs with infrastructure and operational support, targeting corporate customers primarily in the Manila metropolitan area.
Average Trading Volume: 121,372
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen40.35B
For a thorough assessment of 4390 stock, go to TipRanks’ Stock Analysis page.