TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SSUMF Stock 12 Month Forecast
Average Price Target
$30.81
▼(-4.47% Downside)
Based on 1 Wall Street analysts offering 12 month price targets for Sumitomo in the last 3 months. The average price target is $30.81 with a high forecast of $30.81 and a low forecast of $30.81. The average price target represents a -4.47% change from the last price of $32.25.
Sumitomo (SSUMF) Receives a Hold from J.P. MorganJPMorgan analyst Jiro Iokibe initiates coverage on Sumitomo Corp. (8053:JP) (OTC: SSUMF) with a Neutral rating and a price target of JPY4,820.00.
Jefferies Keeps Their Buy Rating on Sumitomo (SSUMF)Jefferies analyst Thanh Ha Pham raised the price target on Sumitomo Corp. (8053:JP) (OTC: SSUMF) to JPY5,500.00 (from JPY5,300.00) while maintaining a Buy rating.
Sumitomo Corp. (8053:JP) (SSUMF) PT Raised to JPY5,100 at MacquarieMacquarie analyst Sonny Lee raised the price target on Sumitomo Corp. (8053:JP) (OTC: SSUMF) to JPY5,100.00 (from JPY4,900.00) while maintaining a Outperform rating.
Sumitomo Corp. (8053:JP) (SSUMF) PT Raised to JPY3,590 at UBSUBS analyst Harunobu Goroh raised the price target on Sumitomo Corp. (8053:JP) (OTC: SSUMF) to JPY3,590.00 (from JPY3,530.00) while maintaining a Neutral rating.
Sumitomo (SSUMF) Receives a Hold from J.P. MorganJPMorgan analyst Jiro Iokibe initiates coverage on Sumitomo Corp. (8053:JP) (OTC: SSUMF) with a Neutral rating and a price target of JPY4,820.00.
Jefferies Keeps Their Buy Rating on Sumitomo (SSUMF)Jefferies analyst Thanh Ha Pham raised the price target on Sumitomo Corp. (8053:JP) (OTC: SSUMF) to JPY5,500.00 (from JPY5,300.00) while maintaining a Buy rating.
Sumitomo Corp. (8053:JP) (SSUMF) PT Raised to JPY5,100 at MacquarieMacquarie analyst Sonny Lee raised the price target on Sumitomo Corp. (8053:JP) (OTC: SSUMF) to JPY5,100.00 (from JPY4,900.00) while maintaining a Outperform rating.
Sumitomo Corp. (8053:JP) (SSUMF) PT Raised to JPY3,590 at UBSUBS analyst Harunobu Goroh raised the price target on Sumitomo Corp. (8053:JP) (OTC: SSUMF) to JPY3,590.00 (from JPY3,530.00) while maintaining a Neutral rating.
Stocks with the Highest Top Analyst Consensus in the Industrials Sector
trades and holding each position for 1 Month would result in 60.00% of your transactions generating a profit, with an average return of +4.04% per trade.
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +14.02% per trade.
Copying Grant Mergewin's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +28.38% per trade.
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +28.38% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
SSUMF Analyst Recommendation Trends
Rating
Jun 25
Aug 25
Sep 25
Nov 25
Dec 25
Strong Buy
5
4
2
2
3
Buy
3
0
0
0
0
Hold
0
1
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
8
5
4
4
4
In the current month, SSUMF has received 3Buy Ratings, 1Hold Ratings, and 0Sell Ratings. SSUMF average Analyst price target in the past 3 months is 30.81.
Each month's total comprises the sum of three months' worth of ratings.
SSUMF Financial Forecast
SSUMF Earnings Forecast
Next quarter’s earnings estimate for SSUMF is $0.78 with a range of $0.78 to $0.78. The previous quarter’s EPS was $0.69. SSUMF beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 62.52% of the time in the same period. In the last calendar year SSUMF has Performed in-line its overall industry.
Next quarter’s earnings estimate for SSUMF is $0.78 with a range of $0.78 to $0.78. The previous quarter’s EPS was $0.69. SSUMF beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 62.52% of the time in the same period. In the last calendar year SSUMF has Performed in-line its overall industry.
SSUMF Sales Forecast
Next quarter’s sales forecast for SSUMF is $11.65B with a range of $11.65B to $11.65B. The previous quarter’s sales results were $11.18B. SSUMF beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.44% of the time in the same period. In the last calendar year SSUMF has Performed in-line its overall industry.
Next quarter’s sales forecast for SSUMF is $11.65B with a range of $11.65B to $11.65B. The previous quarter’s sales results were $11.18B. SSUMF beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.44% of the time in the same period. In the last calendar year SSUMF has Performed in-line its overall industry.
SSUMF Stock Forecast FAQ
What is SSUMF’s average 12-month price target, according to analysts?
Based on analyst ratings, Sumitomo Corporation’s 12-month average price target is 30.81.
What is SSUMF’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for SSUMF, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SSUMF a Buy, Sell or Hold?
Sumitomo Corporation has a consensus rating of Hold which is based on 0 buy ratings, 1 hold ratings and 0 sell ratings.
What is Sumitomo Corporation’s price target?
The average price target for Sumitomo Corporation is 30.81. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $30.81 ,the lowest forecast is $30.81. The average price target represents -4.47% Decrease from the current price of $32.25.
What do analysts say about Sumitomo Corporation?
Sumitomo Corporation’s analyst rating consensus is a Hold. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of SSUMF?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.