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The target price of Kintetsu Group Holdings has jumped. It is now at 8,568 yen per share. Quite a rise, isn't it? Almost 50% more than before.
Analysts do not fully agree. Some say 8,484, others 8,820. But they all point upwards. There seems to be optimism in the air.
Kintetsu distributes dividends, but not many. It keeps most of the pie. Perhaps to grow more.
Funds are interested. Fewer institutions, but more actions in their hands. Curious, isn't it?
Vanguard is putting in more money. They are betting heavily on Kintetsu.
Interest is growing. The stock could rise. But who knows, the market is unpredictable.