-- 独立系調査会社CFRAは、に対し、以下の調査レポートを提供しました。CFRAのアナリストは、以下のように見解をまとめています。第1四半期決算を精査した結果、12ヶ月目標株価を2ドル引き上げ、82ドルとします。これは、2027年のEPS予想の12.2倍に相当し、堅調なバランスシート成長見通しを考慮すると、同業他社の平均10.0倍を上回る水準です。2026年のEPS予想は0.22ドル引き上げ6.44ドル、2027年のEPS予想は0.19ドル引き上げ6.74ドルとします。2026年と2027年の売上高予測は、それぞれ35億ドルと37億ドルです。ZIONはここ数四半期で力強い市場シェア拡大を示しており、2四半期連続で融資と預金の両方で成長を達成した数少ない銀行の一つとして際立っています。同社はこれまで自社株買いに慎重な姿勢を取り、過去3年間で発行済株式数をわずか1%しか削減していませんが、今後はより積極的な自社株買いを実施すると予想されます。この方針転換は、2025年以降の信用リスクに対する懸念がほぼ解消されたこと、ZIONが既に高い信用指標を維持しているにもかかわらず、CET1比率が11.5%と同業他社の平均を上回る強固な資本基盤を維持していること、そして規制環境が改善していることという3つの要因によって支えられています。
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Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.
$OTIS
Asia Markets
Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled
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$^TASI$SASE:2380$SASE:4012
Research
Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.
$URI