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Munynova HD trades flat as major domestic securities firm initiates coverage with 'Buy' rating
Munynova Holdings <547A> is trading in a flat range. Nomura Securities initiated coverage on the company's stock on the 23rd with a "Buy" rating, the highest of its three-tier scale. The target price was set at 570 yen. The company was established following Aiful's transition to a holding company structure and listed on the 1st. Nomura expects a higher probability of maintaining ordinary profit growth through the fiscal year ending March 2028 due to expansion of operating assets and maintenance of credit quality. Meanwhile, it sees upside potential given the low PER.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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