NTT Docomo Inc. (NYSE:DCM)’s share price dropped 2.3% on Tuesday . The company traded as low as $25.59 and last traded at $25.66, with a volume of 52,379 shares changing hands. The stock had previously closed at $26.27.

Separately, Zacks Investment Research raised shares of NTT Docomo from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective for the company in a research report on Friday, June 17th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $31.00.

The stock has a market capitalization of $95.12 billion and a P/E ratio of 16.71. The firm’s 50-day moving average price is $26.70 and its 200-day moving average price is $25.16.

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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