NTT DOCOMO (NYSE:DCM) was downgraded by Deutsche Bank from a “buy” rating to a “hold” rating in a report released on Thursday.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research raised shares of NTT DOCOMO from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. BidaskClub raised shares of NTT DOCOMO from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. NTT DOCOMO has a consensus rating of “Hold” and an average price target of $29.00.

NTT DOCOMO (NYSE:DCM) traded down $0.09 during trading on Thursday, reaching $25.70. 90,700 shares of the company’s stock traded hands, compared to its average volume of 181,025. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.20 and a quick ratio of 2.09. The company has a market capitalization of $99,390.00, a P/E ratio of 17.08, a PEG ratio of 3.18 and a beta of 0.09. NTT DOCOMO has a 1-year low of $22.20 and a 1-year high of $25.86.

Several large investors have recently modified their holdings of DCM. Sei Investments Co. raised its stake in shares of NTT DOCOMO by 53.4% during the second quarter. Sei Investments Co. now owns 7,437 shares of the technology company’s stock valued at $176,000 after acquiring an additional 2,589 shares during the last quarter. M&T Bank Corp bought a new position in shares of NTT DOCOMO during the second quarter valued at about $215,000. Strategic Global Advisors LLC raised its stake in shares of NTT DOCOMO by 0.6% during the second quarter. Strategic Global Advisors LLC now owns 9,401 shares of the technology company’s stock valued at $222,000 after acquiring an additional 53 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of NTT DOCOMO during the third quarter valued at about $228,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of NTT DOCOMO during the third quarter valued at about $234,000. 0.51% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “Deutsche Bank Downgrades NTT DOCOMO (DCM) to Hold” was originally posted by Daily Political and is the property of of Daily Political. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2017/11/30/deutsche-bank-downgrades-ntt-docomo-dcm-to-hold.html.

About NTT DOCOMO

NTT DOCOMO, INC. (DOCOMO) is a mobile telecommunications carrier. The Company operates through three segments: telecommunications business, smart life business and other businesses. The telecommunications business segment includes mobile phone services (long-term evolution (LTE) (Xi) services and freedom of mobile multimedia access (FOMA) services), optical-fiber broadband service, satellite mobile communications services, international services and equipment sales related to these services.

Receive News & Ratings for NTT DOCOMO Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NTT DOCOMO Inc and related companies with MarketBeat.com's FREE daily email newsletter.