Recently, according to the investment platform Fintel, since this year, the average one-year target price of Japan Tobacco (OTC: JAPAF) has been revised to US$23.43 per share, an increase of 7.54% from the valuation of US$21.78 on August 1, 2023.
The price target is an average of forecasts provided by numerous analysts. The latest target price range ranges from a low of $15.69 per share to a high of $28.92 per share. The average target price this time represents a 7.33% decrease from the recent closing price of $25.28 per share.
In addition, 334 funds or institutions reported holding Japan Tobacco stocks, a decrease of 5 or 1.47% from the previous quarter. The average holding ratio of all funds investing in Japan Tobacco was 0.37%, down 0.21% from the previous quarter. The total shares held by institutions increased by 0.95% in the past three months, reaching 108,634K shares.
