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Morozoff Limited ( (JP:2217) ) has issued an announcement.
Morozoff Limited has announced the conclusion of a syndicated loan agreement to finance the expansion of its production capacity as part of its medium-term business plan. The agreement, involving several major banks, includes financial covenants to ensure the company’s financial stability, with minimal expected impact on the fiscal year’s financial results.
The most recent analyst rating on (JP:2217) stock is a Hold with a Yen1694.00 price target. To see the full list of analyst forecasts on Morozoff Limited stock, see the JP:2217 Stock Forecast page.
More about Morozoff Limited
Morozoff Limited operates in the confectionery industry, focusing on baked sweets. The company is listed on the Prime Market of the Tokyo Stock Exchange and aims to expand its production capacity to enhance its market presence.
Average Trading Volume: 37,613
Technical Sentiment Signal: Buy
Current Market Cap: Yen32.15B
For an in-depth examination of 2217 stock, go to TipRanks’ Overview page.