NTT Docomo Inc. (DCM) Shares Gap Up to $26.90
NTT Docomo Inc. (NYSE:DCM) gapped up before the market opened on Wednesday . The stock had previously closed at $26.60, but opened at $26.90. NTT Docomo shares last traded at $27.33, with a volume of 87,735 shares.
Separately, Zacks Investment Research raised NTT Docomo from a “hold” rating to a “strong-buy” rating and set a $29.00 price target for the company in a research note on Friday, June 17th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $29.00.
The company has a market cap of $102.78 billion and a price-to-earnings ratio of 20.14. The company’s 50-day moving average price is $26.49 and its 200 day moving average price is $24.07.
Several large investors have recently bought and sold shares of DCM. Comerica Bank boosted its stake in NTT Docomo by 4.2% in the fourth quarter. Comerica Bank now owns 221,119 shares of the company’s stock worth $4,484,000 after buying an additional 8,954 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in NTT Docomo by 7,432.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 103,351 shares of the company’s stock worth $2,118,000 after buying an additional 101,979 shares during the last quarter. Finally, TD Asset Management Inc. boosted its stake in NTT Docomo by 81.6% in the fourth quarter. TD Asset Management Inc. now owns 96,430 shares of the company’s stock worth $1,711,000 after buying an additional 43,333 shares during the last quarter.
NTT DOCOMO, INC. (DOCOMO) is a mobile telecommunications carrier. The Company operates through three segments: telecommunications business, smart life business and other businesses. Its telecommunications business includes those from mobile phone services, optical-fiber broadband service, satellite mobile communications services, international services and equipment sales related to these services.
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