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An update from Nagoya Railroad Co., Ltd. ( (JP:9048) ) is now available.
Nagoya Railroad Co., Ltd. announced a delay in the Nagoya Station District Redevelopment Project and the Meitetsu Nagoya Station Renovation Project due to challenges in securing contractors and human resources, leading to a re-evaluation of the project’s scope and timeline. This delay and re-evaluation could significantly impact the company’s operations and existing facilities, as the construction costs and timelines are expected to exceed initial projections.
The most recent analyst rating on (JP:9048) stock is a Hold with a Yen1846.00 price target. To see the full list of analyst forecasts on Nagoya Railroad Co., Ltd. stock, see the JP:9048 Stock Forecast page.
More about Nagoya Railroad Co., Ltd.
Nagoya Railroad Co., Ltd. is a company operating in the transportation industry, primarily focusing on railway services. It is involved in projects related to station redevelopment and renovation, which are significant for its market positioning.
Average Trading Volume: 891,716
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen315.3B
For detailed information about 9048 stock, go to TipRanks’ Stock Analysis page.