Japan's Yamato International hits over 10-yr high on profit outlook hike
26/03/2018 06:11
** Textile products maker Yamato International 8127.T
jumps as much as 6.1 pct to 648 yen, its highest since Feb 2008
** Co raises net profit forecast for FY ending Aug 2018 to
560 mln yen ($5.34 mln) from 350 mln yen urn:newsml:reuters.com:*:nXB1O84VN2
** Yamato International Inc has outperformed the Tokyo SE
TOPIX Textiles & Apparels Stock Price Index sector .ITXTL.T by
38.1 percentage points in the past one month
** The main stock index NIKKEI 225 INDEX .N225 down 6.57
pct in the past month
** As of 0500 GMT, more than 440,000 shares of the
Osaka-based company change hands, about 408.5 pct of their
30-day moving average of 107,380 shares
** Among analysts that cover Yamato International, the
current average rating on the shares is "buy". The analyst mean
price target is 480 yen
(Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)
($1 = 104.8800 yen)