Itochu traded at 2,078.50 this Wednesday March 25th, increasing 49.00 or 2.41 percent since the previous trading session. Looking back, over the last four weeks, Itochu gained 6.50 percent. Over the last 12 months, its price fell by 71.04 percent. Looking ahead, we forecast Itochu to be priced at 1,936.77 by the end of this quarter and at 1,696.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
ITOCHU Corporation is a Japan-based trading company. The Company operates in seven business segments. Textiles segment expands globally in the fields of textile raw materials, yarn, and textiles, as well as clothing, clothing accessories, and other daily consumer products. Machinery segment involves in handling of infrastructure related projects such as plants, bridges and related equipment / services, as well as other environmental business. Metals segment is engaged in metal mineral resource development business, steel product processing business, and among others. Energy & Chemicals segment is engaged in the trading of a range of energy and chemicals products, including oil, gas, organic chemicals, pharmaceuticals and others. Food segment produces, distributes and sells raw materials and food products. Housing Life segment is mainly involved in the residential business and logistic business. Information & Finance segment provides various financial services and insurance business.