Nintendo Co. (NTDOY) Downgraded by Macquarie

Macquarie cut shares of Nintendo Co. (OTCMKTS:NTDOY) from an outperform rating to a neutral rating in a research note released on Thursday morning.

Several other research firms have also recently commented on NTDOY. Goldman Sachs Group Inc. reiterated a hold rating on shares of Nintendo in a research note on Thursday, September 22nd. Deutsche Bank AG cut Nintendo from a buy rating to a hold rating in a research note on Monday, July 18th. Credit Agricole SA reiterated a sell rating on shares of Nintendo in a research note on Friday, July 15th. Zacks Investment Research upgraded Nintendo from a hold rating to a buy rating and set a $36.00 price target on the stock in a research note on Tuesday, October 4th. Finally, Jefferies Group restated a buy rating on shares of Nintendo in a research note on Friday, July 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of $36.00.

Analyst Recommendations for Nintendo (OTCMKTS:NTDOY)

Shares of Nintendo (OTCMKTS:NTDOY) opened at 31.23 on Thursday. The firm’s market capitalization is $30.01 billion. The stock has a 50 day moving average price of $31.88 and a 200 day moving average price of $24.13. Nintendo has a 12-month low of $15.34 and a 12-month high of $38.25.

An institutional investor recently raised its position in Nintendo stock. Parametric Portfolio Associates LLC boosted its stake in shares of Nintendo Co. (OTCMKTS:NTDOY) by 6.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 278,277 shares of the company’s stock after buying an additional 17,031 shares during the period. Parametric Portfolio Associates LLC’s holdings in Nintendo were worth $4,948,000 as of its most recent SEC filing. 0.13% of the stock is currently owned by institutional investors and hedge funds.

Nintendo Company Profile

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