Jefferies Sticks to Their Buy Rating for Fujikura Ltd (FJK)

In a report released on September 4, Carlos Akira Furuya from Jefferies maintained a Buy rating on Fujikura Ltd, with a price target of Yen11,700.00. The company's shares closed last Friday at Yen5,053.00. Akira Furuya covers the Industrials sector, focusing on stocks such as Furukawa Electric Co, Fujikura Ltd, and Japan Airlines Co. According to TipRanks, Akira Furuya has an average return of 20.3% and a 57.69% success rate on recommended stocks. Fujikura Ltd has an analyst consensus of Moderate Buy, with a price target consensus of €53.23. Based on Fujikura Ltd's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of Yen402.01 billion and a net profit of Yen80.43 billion. In comparison, last year the company earned a revenue of Yen267.91 billion and had a net profit of Yen31.32 billion