Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Miyazaki Bank Ltd. ( (JP:8393) ) just unveiled an announcement.
Miyazaki Bank, Ltd. announced its decision to acquire 297,100 common shares of Miyazaki Taiyo Bank, Ltd., representing 5.65% of total voting rights. This strategic move aims to stabilize the regional financial system by positioning Miyazaki Bank as a stable shareholder, potentially strengthening its influence and stability in the regional banking sector.
The most recent analyst rating on (JP:8393) stock is a Buy with a Yen5051.00 price target. To see the full list of analyst forecasts on Miyazaki Bank Ltd. stock, see the JP:8393 Stock Forecast page.
More about Miyazaki Bank Ltd.
Miyazaki Bank, Ltd. operates in the financial services industry, focusing on banking services. It is listed on the TSE Prime Market and the Fukuoka Stock Exchange, indicating its significant presence in the regional financial market.
Average Trading Volume: 49,370
Technical Sentiment Signal: Buy
Current Market Cap: Yen85.25B
For an in-depth examination of 8393 stock, go to TipRanks’ Overview page.