Japan Tobacco: Look Beyond In-Line Results And Consider Its Favorable Prospects (Rating Upgrade)
Source: SeekingAlpha
2025-02-13 11:44:22 ET
Summary
- I upgrade Japan Tobacco from Hold to Buy, after considering its satisfactory 2024 performance and its positive outlook.
- JAPAF's 2024 results met expectations with an 8% increase in both its topline and operating income.
- Price hikes for Camel and WITH brands should boost FY25 earnings, supported by JAPAF's dominant 43% market share in Japan.
- JAPAY's HTS segment shows promise, given the market's size and the potential for further share gains.
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Japan Tobacco: Look Beyond In-Line Results And Consider Its Favorable Prospects (Rating Upgrade)
Japan Tobacco Inc.
NASDAQ: JAPAF
JAPAF Trading
0.0% G/L:
$39.39 Last:
4 Volume:
$39.39 Open:
