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RESEARCH ALERT-Nikko Citigroup ratings(Aug 18)

Sun Aug 17, 2008 11:49pm EDT

Stocks

   

   TOKYO, Aug 18 (Reuters) - The following is a list of
ratings that have been assigned by Nikko Citigroup, Nikko Citigroup said  on Monday.
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Rated higher:
 Komatsu Ltd (6301.T) -- "1H" from "2H" (target price 3800yen->3000yen)
--------------------------------------------------
Rating unchanged:
 IT Holdings Corp (3626.T) -- "1H"
 Shionogi & Co Ltd (4507.T) -- "1H"
 Office Building Fund of Japan Inc (8951.T) -- "1L"
 NOK Corp (7240.T) -- "2H" (target price 2100yen->1700yen)
 TonenGeneral Sekiyu kk (5012.T) -- "2M"
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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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