Nintendo Co., Ltd (NASDAQ:NTDOY) Earns Buy Rating from Jefferies Group LLC
Several other research analysts have also issued reports on NTDOY. CLSA raised Nintendo Co. from a sell rating to an underperform rating in a research report on Wednesday, June 14th. Zacks Investment Research raised Nintendo Co. from a hold rating to a strong-buy rating and set a $34.00 target price on the stock in a research report on Wednesday, April 5th. Finally, Citigroup Inc. began coverage on Nintendo Co. in a research report on Thursday, April 13th. They set a buy rating on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of $50.00.
Nintendo Co. (NASDAQ NTDOY) traded up 0.02% during midday trading on Thursday, hitting $42.40. The company had a trading volume of 186,078 shares. Nintendo Co. has a 52 week low of $24.12 and a 52 week high of $44.33.
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Hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS Asset Management Americas Inc. purchased a new position in shares of Nintendo Co. during the fourth quarter worth $1,878,000. Quadrant Capital Group LLC raised its position in shares of Nintendo Co. by 320.2% in the first quarter. Quadrant Capital Group LLC now owns 7,547 shares of the company’s stock worth $211,000 after buying an additional 5,751 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in shares of Nintendo Co. by 9.7% in the first quarter. Parametric Portfolio Associates LLC now owns 385,292 shares of the company’s stock worth $11,181,000 after buying an additional 33,916 shares in the last quarter.
About Nintendo Co.
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