Japan ETFs Rising: Here's Why
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Japanese Market Performance: Japan's Nikkei 225 index has risen approximately 10% this year, driven by positive U.S. inflation data and expectations of a Federal Reserve rate cut, alongside favorable policies promoting foreign investment in Japan.
Impact of Trade Deals: Recent trade agreements between the U.S. and Japan, including reduced auto tariffs, have contributed to a rally in global equities, particularly benefiting Japan-focused exchange-traded funds (ETFs) and potentially increasing demand for Japanese stocks.
Analyst Views on EWJ
Wall Street analysts forecast EWJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 84.780
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Current: 84.780
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
