Nintendo Co. (NTDOY) Upgraded by Nomura to Buy
Nintendo Co. (OTCMKTS:NTDOY) was upgraded by investment analysts at Nomura to a “buy” rating in a research report issued on Friday.
A number of other equities analysts also recently commented on the company. Macquarie downgraded Nintendo from an “outperform” rating to a “neutral” rating in a report on Thursday. Zacks Investment Research upgraded Nintendo from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Tuesday, October 4th. Goldman Sachs Group Inc. reiterated a “hold” rating on shares of Nintendo in a report on Thursday, September 22nd. Deutsche Bank AG upgraded Nintendo from a “hold” rating to a “buy” rating in a report on Wednesday, September 7th. Finally, Bank of America Corp. upgraded Nintendo from a “neutral” rating to a “buy” rating in a report on Monday, July 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $36.00.
Nintendo (OTCMKTS:NTDOY) opened at 31.22 on Friday. The company has a 50-day moving average price of $31.62 and a 200-day moving average price of $23.86. The firm’s market capitalization is $30.00 billion. Nintendo has a one year low of $15.34 and a one year high of $38.25.
An institutional investor recently raised its position in Nintendo stock. Parametric Portfolio Associates LLC boosted its stake in Nintendo Co. (OTCMKTS:NTDOY) by 6.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 278,277 shares of the company’s stock after buying an additional 17,031 shares during the period. Parametric Portfolio Associates LLC’s holdings in Nintendo were worth $4,948,000 at the end of the most recent quarter. Institutional investors own 0.13% of the company’s stock.
Nintendo Company Profile
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