Nintendo Co. (NTDOY) Stock Rating Upgraded by Nomura
Nintendo Co. (OTCMKTS:NTDOY) was upgraded by Nomura from a “neutral” rating to a “buy” rating in a report released on Friday.
Several other research firms have also recently weighed in on NTDOY. Zacks Investment Research upgraded shares of Nintendo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 6th. Deutsche Bank AG restated a “hold” rating on shares of Nintendo in a research note on Tuesday, July 12th. Macquarie restated an “outperform” rating on shares of Nintendo in a research note on Tuesday, July 12th. Jefferies Group restated a “buy” rating on shares of Nintendo in a research note on Friday, July 15th. Finally, Bank of America Corp. upgraded shares of Nintendo from a “neutral” rating to a “buy” rating in a research note on Monday, July 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. Nintendo presently has an average rating of “Buy” and a consensus price target of $36.00.
Shares of Nintendo (OTCMKTS:NTDOY) opened at 31.23 on Friday. The firm’s market capitalization is $30.01 billion. Nintendo has a 52-week low of $15.34 and a 52-week high of $38.25. The firm has a 50-day moving average price of $31.88 and a 200-day moving average price of $24.13.
A hedge fund recently bought a new stake in Nintendo stock. Chartwell Investment Partners LLC purchased a new position in Nintendo Co. (OTCMKTS:NTDOY) during the second quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,116,389 shares of the company’s stock, valued at approximately $19,839,000. Chartwell Investment Partners LLC owned 0.12% of Nintendo as of its most recent filing with the SEC. 0.13% of the stock is currently owned by hedge funds and other institutional investors.
Nintendo Company Profile
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