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The latest update is out from Hitachi Construction Machinery Co ( (JP:6305) ).
Hitachi Construction Machinery Co., Ltd. announced that Hitachi, Ltd. will reduce its shareholding, ceasing to be an equity-method affiliate. This move is part of a strategy to foster independent management and broaden the company’s shareholder base, while maintaining a cooperative relationship with Hitachi, Ltd. in technology and parts supply.
The most recent analyst rating on (JP:6305) stock is a Buy with a Yen5723.00 price target. To see the full list of analyst forecasts on Hitachi Construction Machinery Co stock, see the JP:6305 Stock Forecast page.
More about Hitachi Construction Machinery Co
Hitachi Construction Machinery Co., Ltd. operates in the construction machinery industry, focusing on the development, production, and sale of construction equipment. The company aims to expand its shareholder base and promote independent management.
Average Trading Volume: 645,063
Technical Sentiment Signal: Buy
Current Market Cap: Yen1069.8B
Find detailed analytics on 6305 stock on TipRanks’ Stock Analysis page.