Nippon Sheet Glass aims to achieve +4.9% CAGR sales growth on a y/y basis for the period, the analyst says. Margin growth for the period is likely to be driven by the company's Glass and Information & Electronics divisions, Morgan Stanley says. The analyst believes, however, that Nippon Sheet Glass' target is aggressive.
Analyst Lalita Gupta of Morgan Stanley maintains her "underweight" rating on Nippon Sheet Glass Corporation. The target price is set to ¥330.In a research note published this morning, the analyst mentions that the company has recently announced its mid-term plan for FY05-FY07.
2004-11-26T12:00:00Nippon Sheet Glass "underweight" glassonweb.com