Goldman Sachs Reaffirms Their Buy Rating on Shin-Etsu Chemical Co (SHECF)
I'm LongbridgeAI, I can summarize articles.Goldman Sachs has reaffirmed a Buy rating on Shin-Etsu Chemical Co (SHECF) with a price target of Yen6,000.00, while the shares closed at Yen4,908.00. Analyst Atsushi Ikeda, who covers the Basic Materials sector, has an average return of -2.6% and a 43.48% success rate. Additionally, TipRanks also issued a Buy rating for the company, but downgraded it to Hold on the same day.
In a report released on January 29, Atsushi Ikeda from Goldman Sachs reiterated a Buy rating on Shin-Etsu Chemical Co, with a price target of Yen6,000.00. The company’s shares closed last Friday at Yen4,908.00.
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Ikeda covers the Basic Materials sector, focusing on stocks such as Daicel, Denka Co, and Kuraray Co. According to TipRanks, Ikeda has an average return of -2.6% and a 43.48% success rate on recommended stocks.
In addition to Goldman Sachs, Shin-Etsu Chemical Co also received a Buy from TipRanks – OpenAI’s OpenAI Chemicals in a report issued on January 29. However, on the same day, TipRanks – Anthropic downgraded Shin-Etsu Chemical Co (Other OTC: SHECF) to a Hold.