Capcom Co, the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Shunki Nakamura from Jefferies maintained a Buy rating on the stock and has a Yen4,640.00 price target.
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Shunki Nakamura has given his Buy rating due to a combination of factors that highlight Capcom Co.’s strengths and potential for future growth. The company has demonstrated a consistent track record of approximately 10% earnings growth over the past decade, which is attributed to its strategic focus on digital offerings and effective pricing strategies.
Despite some short-term challenges, particularly with issues related to Monster Hunter Wilds that have impacted visibility, Nakamura remains confident in the company’s management and their ability to address these issues effectively. Although the price target has been adjusted from ¥5,100 to ¥4,640, the Buy rating is maintained, reflecting a belief in the company’s long-term value, supported by an expected FY3/27 EPS of ¥155 and a price-to-earnings ratio of 30x.
According to TipRanks, Nakamura is a 3-star analyst with an average return of 9.1% and a 66.67% success rate. Nakamura covers the Communication Services sector, focusing on stocks such as Capcom Co, Toei Animation Co., Ltd., and Kadokawa Corporation.
In another report released on August 21, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a Yen4,538.00 price target.