NINTENDO LTD/ADR (NTDOY) Receives $41.00 Consensus Price Target from Analysts

Shares of NINTENDO LTD/ADR (OTCMKTS:NTDOY) have been given an average rating of “Buy” by the five brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $41.00.

A number of analysts have issued reports on the company. ValuEngine downgraded NINTENDO LTD/ADR from a “sell” rating to a “strong sell” rating in a research note on Tuesday, February 19th. Wedbush reaffirmed a “neutral” rating on shares of NINTENDO LTD/ADR in a research note on Monday, January 28th. Zacks Investment Research raised NINTENDO LTD/ADR from a “hold” rating to a “strong-buy” rating and set a $41.00 target price for the company in a research note on Tuesday, February 5th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of NINTENDO LTD/ADR in a research note on Wednesday, March 27th.

OTCMKTS NTDOY opened at $36.12 on Thursday. NINTENDO LTD/ADR has a one year low of $31.38 and a one year high of $55.98. The firm has a market capitalization of $34.71 billion, a P/E ratio of 27.36 and a beta of 1.06.

NINTENDO LTD/ADR (OTCMKTS:NTDOY) last posted its quarterly earnings data on Thursday, January 31st. The company reported $0.96 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.19. NINTENDO LTD/ADR had a return on equity of 13.01% and a net margin of 14.42%. The firm had revenue of $5.40 billion during the quarter, compared to the consensus estimate of $4.69 billion. Equities analysts predict that NINTENDO LTD/ADR will post 1.56 earnings per share for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Campbell Capital Management Inc. purchased a new position in shares of NINTENDO LTD/ADR during the 4th quarter worth $559,000. Foresters Investment Management Company Inc. grew its holdings in shares of NINTENDO LTD/ADR by 29.8% during the 4th quarter. Foresters Investment Management Company Inc. now owns 142,500 shares of the company’s stock worth $4,717,000 after purchasing an additional 32,700 shares during the period. Empirical Capital Management LLC purchased a new position in shares of NINTENDO LTD/ADR during the 4th quarter worth $712,000. Boston Common Asset Management LLC grew its holdings in shares of NINTENDO LTD/ADR by 35.7% during the 4th quarter. Boston Common Asset Management LLC now owns 22,682 shares of the company’s stock worth $757,000 after purchasing an additional 5,968 shares during the period. Finally, Gagnon Securities LLC grew its holdings in shares of NINTENDO LTD/ADR by 1.5% during the 4th quarter. Gagnon Securities LLC now owns 32,419 shares of the company’s stock worth $1,082,000 after purchasing an additional 470 shares during the period. Institutional investors and hedge funds own 0.16% of the company’s stock.

NINTENDO LTD/ADR Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells electronic entertainment products in Japan, the United States, Europe, Australia, Asia, and internationally. It provides video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware and related software.

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