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Sompo Holdings upgraded to Buy from Neutral at Goldman Sachs » 12:16
06/29/20
06/29
12:16
06/29/20
12:16
SMPNY

Sompo Holdings

$0.00 /

+ (+0.00%)

Goldman Sachs analyst…

Goldman Sachs analyst Shinichiro Nakamura upgraded Sompo Holdings to Buy from Neutral with a price target of 4,090 yen, up from 3,760 yen. Nakamura thinks the company, particularly Sompo International, will benefit from rising insurance rates prompted by the impact of COVID-19 over the next few years and he prefers the P&C insurance subsector in terms of medium- to long-term profit growth, the analyst tells investors.

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SMPNY Sompo Holdings
$0.00 /

+ (+0.00%)

03/27/20 Jefferies
Sompo Holdings upgraded to Buy from Hold at Jefferies
Over a quarter ago
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Sompo Holdings upgraded to Buy from Hold at Jefferies » 08:20
03/27/20
03/27
08:20
03/27/20
08:20
SMPNY

Sompo Holdings

$0.00 /

+ (+0.00%)

Jefferies analyst…

Jefferies analyst Hideyasu Ban upgraded Sompo Holdings to Buy from Hold with a price target of 4,450 yen, down from 4,900 yen. The direct impact from COVID-19 on P+C insurers does not appear to be as large when compared to other industries, said Ban, who views Sompo as a top pick in the sector.

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