NTT Docomo (DCM) Receives Hold Rating from HSBC
NTT Docomo (NYSE:DCM)‘s stock had its “hold” rating reissued by investment analysts at HSBC in a research note issued on Monday, Marketbeat reports.
DCM has been the subject of a number of other reports. Zacks Investment Research raised shares of NTT Docomo from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a report on Tuesday, October 24th. Deutsche Bank downgraded shares of NTT Docomo from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. Finally, ValuEngine raised shares of NTT Docomo from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $29.00.
Shares of NTT Docomo (NYSE:DCM) opened at $24.78 on Monday. The company has a quick ratio of 2.09, a current ratio of 2.20 and a debt-to-equity ratio of 0.01. NTT Docomo has a 1-year low of $22.58 and a 1-year high of $26.14. The firm has a market cap of $97,459.33, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 2.92 and a beta of 0.09.
Hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN raised its stake in shares of NTT Docomo by 34.0% in the 3rd quarter. Wells Fargo & Company MN now owns 1,522,764 shares of the technology company’s stock valued at $34,703,000 after buying an additional 386,160 shares in the last quarter. Capital Bank & Trust Co raised its stake in shares of NTT Docomo by 6.8% in the 3rd quarter. Capital Bank & Trust Co now owns 396,287 shares of the technology company’s stock valued at $9,031,000 after buying an additional 25,232 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of NTT Docomo by 18.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 71,644 shares of the technology company’s stock valued at $1,632,000 after buying an additional 10,970 shares in the last quarter. Conning Inc. acquired a new position in shares of NTT Docomo in the 3rd quarter valued at $566,000. Finally, OxFORD Asset Management LLP raised its stake in shares of NTT Docomo by 50.8% in the 2nd quarter. OxFORD Asset Management LLP now owns 93,963 shares of the technology company’s stock valued at $2,222,000 after buying an additional 31,658 shares in the last quarter. Institutional investors own 0.51% of the company’s stock.
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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.
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