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Hirogin Holdings Rebounds on Relative Undervaluation as Major Domestic Brokerage Upgrades to “1”
Hirogin Holdings Inc <7337> Rebounded. SMBC Nikko Securities Upgraded the Company’s Investment Rating on April 10 From “2” to “1” in Its Three-Tier Rating System. The Target Price Was Raised to 2,200 Yen From 1,600 Yen. While the Stock Has Outperformed TOPIX by 20% Since the Start of 2025, It Has Lagged Behind Other Banks, Highlighting Its Relative Undervaluation. The Brokerage Is Focusing on Shareholder Returns and Expects Expansion in Ship Financing, Where Hirogin Has Strong Expertise.
*Translated by generative AI. Click here for the original article.
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