Shares of NTT Docomo Inc. (NYSE:DCM) gapped down prior to trading on Friday . The stock had previously closed at $26.67, but opened at $26.92. NTT Docomo shares last traded at $27.26, with a volume of 36,151 shares traded.

Separately, Zacks Investment Research raised shares of NTT Docomo from a “hold” rating to a “strong-buy” rating and set a $29.00 price target for the company in a research report on Friday, June 17th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $29.00.

The firm’s 50-day moving average is $26.60 and its 200 day moving average is $24.14. The firm has a market cap of $102.66 billion and a PE ratio of 20.51.

Several institutional investors have modified their holdings of the stock. Comerica Bank raised its position in shares of NTT Docomo by 4.2% in the fourth quarter. Comerica Bank now owns 221,119 shares of the company’s stock valued at $4,484,000 after buying an additional 8,954 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of 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 valued at $2,118,000 after buying an additional 101,979 shares in the last quarter. Finally, TD Asset Management Inc. raised its position in shares of NTT Docomo by 81.6% in the fourth quarter. TD Asset Management Inc. now owns 96,430 shares of the company’s stock valued at $1,711,000 after buying an additional 43,333 shares in 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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