Lisa Jiang, an analyst from Morgan Stanley, maintained the Buy rating on THK Co. The associated price target is Yen4,500.00.
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Lisa Jiang has given her Buy rating due to a combination of factors that indicate a positive outlook for THK Co. Despite the challenges in the semiconductor sector, the company has experienced robust order growth in China and steady demand in the Americas and Europe. This suggests a resilient business model capable of navigating regional fluctuations.
Furthermore, THK Co. is actively restructuring its operations to enhance efficiency and profitability, particularly in the Industrial Machinery segment. These strategic initiatives, coupled with better-than-expected orders in this sector, support the company’s ability to achieve its full-year earnings guidance. Such proactive measures and the overall demand stability contribute to the Buy rating, reflecting confidence in the company’s future performance.
According to TipRanks, Jiang is a 2-star analyst with an average return of 5.4% and a 50.00% success rate. Jiang covers the Industrials sector, focusing on stocks such as Yaskawa Electric, THK Co, and Harmonic Drive Systems.