RESEARCH ALERT-Nikko Citigroup ratings(Feb 9)
TOKYO, Feb 9 (Reuters) - The following is a list of ratings that have been assigned by Nikko Citigroup, Nikko Citigroup said on Monday. -------------------------------------------------- Rated higher:
Capcom Co Ltd (9697.T) -- "1H" from "2H" (target price 2600yen)
Seven Bank Ltd (8410.Q) -- "1M" from "2M" (target price 310000yen)
Fukuoka Financial Group Inc (8354.T) -- "1M" from "2M" (target price 420yen)
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Rated lower:
Konami Corp (9766.T) -- "2H" from "1H" (target price 2400yen->1900yen)
Resorttrust Inc (4681.T) -- "2H" from "2M" (target price 1570yen->960yen)
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Rating unchanged:
Nidec Corp (6594.OS) -- "1H" (target price 4500yen->5600yen)
Rohm Co Ltd (6963.OS) -- "1H" (target price 5400yen)
Suzuken Co Ltd (9987.T) -- "1H" (target price 3000yen)
Mitsui Fudosan Co Ltd (8801.T) -- "1M" (target price 3000yen)
Isetan Mitsukoshi Holdings Ltd (3099.T) -- "1M" (target price 1220yen->950yen)
Sankyo Co Ltd (pinball) (6417.T) -- "1M" (target price 5400yen)
Daihatsu Motor Co Ltd (7262.T) -- "1M" (target price 1000yen->860yen)
Showa Denko KK (4004.T) -- "1M" (target price 170yen)
Shizuoka Bank Ltd (8355.T) -- "1M" (target price 1340yen)
Mitsubishi Estate Co Ltd (8802.T) -- "1M" (target price 3000yen)
Sumitomo Realty & Development Co Ltd (8830.T) -- "1M" (target price 3700yen)
Nippon Telegraph and Telephone Corp. (9432.T) -- "1M" (target price 5700yen)
Dwango Co Ltd (3715.T) -- "1S" (target price 344000yen->337000yen)
Softbank Corp (9984.T) -- "1S" (target price 1800yen)
Shinko Electric Industries Co Ltd (6967.T) -- "2H" (target price 600yen->900yen)
Ibiden Co Ltd (4062.T) -- "2H" (target price 1700yen->2100yen)
Mitsubishi Gas Chemical Co Inc (4182.T) -- "2H" (target price 420yen)
Fuji Media Holdings Inc (4676.T) -- "2H" (target price 140000yen)
Cosmo Oil Co Ltd (5007.T) -- "2H" (target price 260yen)
NGK Spark Plug Co Ltd (5334.T) -- "2H" (target price 850yen->800yen)
Credit Saison Co Ltd (8253.T) -- "2H" (target price 1220yen->1000yen)
Tsubakimoto Chain Co (6371.T) -- "2H" (target price 280yen)
Mitsui Engineering & Shipbuilding Co Ltd (7003.T) -- "2H" (target price 130yen)
Hirose Electric Co Ltd (6806.T) -- "2H" (target price 9200yen)
Denki Kagaku Kogyo Co Ltd (4061.T) -- "2M" (target price 220yen)
Lion Corp (4912.T) -- "2M" (target price 530yen)
SMC Corp (6273.T) -- "2M" (target price 9500yen)
Nippon Television Network Corp (9404.T) -- "2M" (target price 10000yen)
Kose Corp (4922.T) -- "2M" (target price 2900yen->1900yen)
Fukuyama Transporting Co Ltd (9075.T) -- "2M" (target price 460yen)
Daicel Chemical Industries Ltd (4202.T) -- "2M" (target price 450yen)
Mixi Inc (2121.T) -- "2S" (target price 595000yen->587000yen)
Kakaku. com Inc (2371.T) -- "2S" (target price 373000yen->383000yen)
Sharp Corp (6753.T) -- "3H" (target price 570yen)
Sanyo Electric Co Ltd (6764.T) -- "3H" (target price 100yen)
Murata Manufacturing Co Ltd (6981.OS) -- "3H" (target price 2800yen->3300yen)
Toyota Motor Corp (7203.T) -- "3M" (target price 2180yen)
Japan Airlines Corp (9205.T) -- "3M" (target price 180yen)
Isuzu Motors Ltd (7202.T) -- "3M" (target price 110yen)
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Nikko Citigroup assigns ratings as follows:
"1L" or "Buy/Low Risk" - issues expected to outperform ETR by 10
percentage points. "1M" or "Buy/Medium Risk" - issues expected to outperform ETR by 15
percentage points. "1H" or "Buy/High Risk" - issues expected to outperform ETR by 20
percentage points. "1S" or "Buy/Speculative" - issues expected to outperform ETR by 35 percentage points. 538976288 "2L" or "Hold/Low Risk" - issues expected to outperform ETR greater
than zero, but below 10 percentage points. "2M" or "Hold/Medium Risk" - issues expected to outperform ETR greater
than zero, but below 15 percentage points. "2H" or "Hold/High Risk" - issues expected to outperform ETR greater
than zero, but below 20 percentage points. "2S" or "Hold/Speculative" - issues expected to outperform ETR greater
than zero, but below 35 percentage points. "3L" or "Sell/Low Risk" - issues expected to perform less than or equal
to ETR. "3M" or "Sell/Medium Risk" - issues expected to perform less than or
equal to ETR. "3H" or "Sell/High Risk" - issues expected to perform less than or
equal to ETR. "3S" or "Sell/Speculative" - issues expected to perform less than or
equal to ETR. Expected Total Return (ETR) - expectation of total return
(projected share price appreciation
plus forcast dividend yield) within
12 months.
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