Nintendo Co., Ltd (NASDAQ:NTDOY) has been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $59.50.
Several research analysts have recently issued reports on NTDOY shares. Zacks Investment Research downgraded shares of Nintendo Co. from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Jefferies Group LLC reiterated a “buy” rating and issued a $66.00 target price on shares of Nintendo Co. in a research note on Thursday, July 27th.
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Nintendo Co. (NTDOY) opened at 47.53 on Thursday. The company has a market cap of $45.65 billion and a PE ratio of 33.33. Nintendo Co. has a 12 month low of $24.12 and a 12 month high of $49.60. The company has a 50-day moving average of $45.40 and a 200 day moving average of $39.45.
Hedge funds and other institutional investors have recently modified their holdings of the company. Quadrant Capital Group LLC lifted its stake in shares of Nintendo Co. by 5.0% in the second quarter. Quadrant Capital Group LLC now owns 7,924 shares of the company’s stock worth $317,000 after buying an additional 377 shares in the last quarter. GRATRY & Co LLC bought a new position in shares of Nintendo Co. in the second quarter worth approximately $1,098,000. Finally, Parametric Portfolio Associates LLC lifted its stake in shares of Nintendo Co. by 16.7% in the second quarter. Parametric Portfolio Associates LLC now owns 449,612 shares of the company’s stock worth $18,803,000 after buying an additional 64,320 shares in the last quarter.