In a report released today, Graeme McDonald from Citi maintained a Buy rating on Harmonic Drive Systems, with a price target of Yen3,100.00. The company’s shares closed last Monday at $18.49.
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McDonald covers the Industrials sector, focusing on stocks such as SMC (OR), Harmonic Drive Systems, and Makita Corporation. According to TipRanks, McDonald has an average return of 2.8% and a 33.33% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Harmonic Drive Systems with a $24.84 average price target.
The company has a one-year high of $36.00 and a one-year low of $10.40. Currently, Harmonic Drive Systems has an average volume of 451.
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