The financial website SeekingAlpha published an article called “Nikon: Not Only A Camera Company With An Upside Of 50%+” where they claim that “Nikon offers a potential upside of 50%+ from the current stock price“:
“Nikon Corporation (OTCPK:NINOY) offers a potential upside of 50%+ from the current stock price of ¥880 or $8.19 for NINOY. The market significantly underprices the company due to its exposure to a declining camera and lens market where Nikon lost some of its market share. My analysis shows that the imaging market will likely stabilize in the next five years, as sales to professional / amateur photographers and videographers will create a floor for the market. Moreover, Nikon will be able to stabilize its market share loss due to its strong push into videography and mirrorless technology.”
The article is very long, with a lot of financial information and analysis. Here is the recap:
