Nintendo Co. (OTCMKTS:NTDOY)‘s stock had its “hold” rating reaffirmed by analysts at Goldman Sachs Group Inc. in a research report issued to clients and investors on Thursday.
Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. assumed coverage on Nintendo in a report on Wednesday, June 8th. They issued an “overweight” rating for the company. Credit Agricole SA reiterated a “sell” rating on shares of Nintendo in a report on Friday, July 15th. Zacks Investment Research upgraded Nintendo from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 6th. Deutsche Bank AG lowered Nintendo from a “buy” rating to a “hold” rating in a research note on Monday, July 18th. Finally, Jefferies Group reissued 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 five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $21.00.
Shares of Nintendo (OTCMKTS:NTDOY) opened at 33.50 on Thursday. The stock’s market capitalization is $32.19 billion. The stock has a 50 day moving average price of $29.69 and a 200-day moving average price of $22.44. Nintendo has a 1-year low of $15.34 and a 1-year high of $38.25.
A hedge fund recently raised its stake in Nintendo stock. Parametric Portfolio Associates LLC boosted its position in shares of Nintendo Co. (OTCMKTS:NTDOY) by 6.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.13% of the company’s stock.
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