Nintendo Co. (NTDOY) Receives $59.50 Consensus Price Target from Analysts
Shares of Nintendo Co. (OTCMKTS:NTDOY) have been given a consensus rating of “Buy” by the six research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $59.50.
NTDOY has been the topic of several recent analyst reports. Zacks Investment Research downgraded Nintendo from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. CLSA downgraded Nintendo from an “underperform” rating to a “sell” rating in a report on Wednesday, October 25th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $66.00 target price on shares of Nintendo in a report on Thursday, July 27th.
Shares of Nintendo (OTCMKTS NTDOY) traded up $0.72 on Friday, reaching $50.55. The company had a trading volume of 279,114 shares, compared to its average volume of 468,772. Nintendo has a 1 year low of $24.12 and a 1 year high of $51.74. The company has a market capitalization of $56,733.34, a price-to-earnings ratio of 46.78 and a beta of 0.59.
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