FY2018 Earnings Forecast for Nintendo Co. Issued By Jefferies Group (NTDOY)
Nintendo Co. (OTCMKTS:NTDOY) – Equities research analysts at Jefferies Group upped their FY2018 EPS estimates for Nintendo in a research note issued on Tuesday. Jefferies Group analyst A. Goyal now anticipates that the company will earn $1.63 per share for the year, up from their prior forecast of $1.62. Jefferies Group has a “Buy” rating and a $66.00 price objective on the stock. Jefferies Group also issued estimates for Nintendo’s FY2019 earnings at $3.14 EPS.
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Shares of Nintendo (NTDOY) traded up $0.72 during trading hours on Thursday, hitting $50.55. The stock had a trading volume of 281,237 shares, compared to its average volume of 412,317. Nintendo has a 12 month low of $24.12 and a 12 month high of $51.74. The company has a market capitalization of $56,470.00, a PE ratio of 46.57 and a beta of 0.52.
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