Japan's Sekisui House rises on positive profit, dividend outlook
09/03/2018 04:16
** Sekisui House Ltd 1928.T rises as much as 6.6 pct to
1,923.5 yen, its highest since Feb 28
** The housing co says its FY net profit, ending Jan 2019,
will rise 2.1 pct to 136 bln yen ($1.27 bln) urn:newsml:reuters.com:*:nXB07MY00L
** Co says it will pay annual dividends for 79 yen per
share, up 2 yen
** As of 0409 GMT, about 5.5 mln shares of the Osaka-based
company change hands, about 140.2 pct of their 30-day moving
average of 3.93 mln shares a day
** Among the 12 analysts that cover Sekisui House, the
current average rating on the shares is "buy"; the breakdown of
recommendations is 9 "strong buy" or "buy", three "hold". The
analyst mean price target is 2,412.92 yen
** The forward price-to-earnings ratio for Sekisui House Ltd
for the next 12 months is 9.02, about 13.14 pct lower than it
was at the end of last year (10.38)
(Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)
($1 = 106.7000 yen)