Zacks Investment Research Lowers Daiwa Securities Group Inc. (DSEEY) to Hold
Zacks Investment Research downgraded shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) from a buy rating to a hold rating in a report released on Friday.
According to Zacks, “Daiwa Securities Group Inc. is engaged in providing comprehensive financial services by operating in businesses such as retail and wholesale securities, investment, asset management, as well as system support and research services. Daiwa offers consulting and online trading and handling a complete spectrum of financial products and services through its retail business and provides brokerage, investment banking and M&A advisory services through its wholesale business. Its investment business focuses largely on venture capital investments, organizing and managing of private equity funds and conducting direct investments in monetary claims. The Company’s asset management business is involved in creating and managing investment trusts, offering pension fund management and management of REIT (Real Estate Investment Trust). It also offers system-consulting and system-integration service for outside-Group clients. Daiwa Securities Group Inc. is headquartered in Tokyo, Japan. “
Shares of Daiwa Securities Group (OTCMKTS DSEEY) opened at 5.70 on Friday. Daiwa Securities Group has a 12-month low of $5.40 and a 12-month high of $6.77.
COPYRIGHT VIOLATION WARNING: “Zacks Investment Research Lowers Daiwa Securities Group Inc. (DSEEY) to Hold” was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.watchlistnews.com/zacks-investment-research-lowers-daiwa-securities-group-inc-dseey-to-hold-2/1602047.html.
About Daiwa Securities Group
Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates in four segments: Retail, Wholesale, Asset management, and Investment. It offers brokerage, trading, underwriting, strategic advice, product development, and structured finance services.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Daiwa Securities Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daiwa Securities Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.