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Odakyu Electric Railway Co ( (JP:9007) ) has provided an update.
Odakyu Electric Railway Co. reported a mixed performance in its latest operational update. The company saw a slight increase in passenger numbers and transportation revenue, indicating a steady demand for its railway services. However, the department store segment experienced a decline in sales, particularly at the Shinjuku Store, which could signal challenges in the retail environment. The hotel occupancy rates showed improvement, suggesting a recovery in the hospitality sector, although the Hakone Highland Hotel remains closed for renovations.
The most recent analyst rating on (JP:9007) stock is a Hold with a Yen1600.00 price target. To see the full list of analyst forecasts on Odakyu Electric Railway Co stock, see the JP:9007 Stock Forecast page.
More about Odakyu Electric Railway Co
Odakyu Electric Railway Co., Ltd. operates in the transportation and retail sectors, primarily focusing on railway services and department store operations in Japan. The company is listed on the Prime Market of the Tokyo Stock Exchange and is led by President & CEO Shigeru Suzuki.
Average Trading Volume: 1,265,513
Technical Sentiment Signal: Sell
Current Market Cap: Yen594.3B
Find detailed analytics on 9007 stock on TipRanks’ Stock Analysis page.