Zacks: ORIX Co. (IX) Given $115.30 Consensus Price Target by Brokerages
Shares of ORIX Co. (NYSE:IX) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12-month consensus price objective of $115.30 for the company, according to Zacks. Zacks has also given ORIX an industry rank of 169 out of 257 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of ORIX from a “hold” rating to a “buy” rating and set a $95.00 target price for the company in a report on Thursday, July 26th.
Shares of NYSE IX traded down $1.09 during mid-day trading on Monday, reaching $79.50. 17,275 shares of the company traded hands, compared to its average volume of 26,492. The firm has a market capitalization of $20.87 billion, a PE ratio of 75.38, a P/E/G ratio of 1.01 and a beta of 1.18. ORIX has a fifty-two week low of $75.67 and a fifty-two week high of $100.03. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.51 and a quick ratio of 1.48.
ORIX Company Profile
ORIX Corporation provides diversified financial services primarily in Japan and the Americas. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses.
See Also: Intrinsic Value
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for ORIX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ORIX and related companies with MarketBeat.com's FREE daily email newsletter.