Goldman Sachs Keeps Their Buy Rating on OMRON (OMRNF)

In a report released yesterday, Yuichiro Isayama from Goldman Sachs maintained a Buy rating on OMRON, with a price target of Yen3,500.00. The company’s shares closed last Wednesday at Yen5,309.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

Isayama covers the Industrials sector, focusing on stocks such as Yaskawa Electric, Harmonic Drive Systems, and IHI. According to TipRanks, Isayama has an average return of 12.2% and a 53.68% success rate on recommended stocks.

Currently, the analyst consensus on OMRON is a Moderate Buy with an average price target of Yen4,750.21.

OMRNF market cap is currently Yen1101.1B and has a P/E ratio of 36.66.