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Mitsui O.S.K. Lines Earnings Update by Jingwei.Guan is a document available to read on EtoBox.

J.P. Morgan has raised the price target for Mitsui O.S.K. Lines from ¥3,900 to ¥4,700 while maintaining an Overweight rating, anticipating a significant drop in FY2023 recurring profit. The earnings estimates have been adjusted due to lower expectations in the containership segment, although improvements are expected in the dry bulk and energy transport segments. The company is also expected to maintain a dividend payout ratio of approximately 30% with potential for share buybacks depending on future divide

Author

Jingwei.Guan

Language

EN