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Nomura (NYSE:NMR) was upgraded by Credit Suisse from a “neutral” rating to an “outperform” rating in a research note issued on Monday, TheFlyOnTheWall.com reports.

Shares of Nomura (NYSE:NMR) traded up 0.33% on Monday, hitting $6.441. 154,484 shares of the company’s stock traded hands. Nomura has a one year low of $5.82 and a one year high of $8.21. The stock’s 50-day moving average is $6.44 and its 200-day moving average is $6.49. The company has a market cap of $23.419 billion and a P/E ratio of 15.18.

Nomura (NYSE:NMR) last announced its earnings results on Tuesday, July 29th. The company reported $0.05 earnings per share for the quarter. On average, analysts predict that Nomura will post $0.46 earnings per share for the current fiscal year.

Separately, analysts at Macquarie downgraded shares of Nomura from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 10th.

Nomura Holdings, Inc (NYSE:NMR) is a financial services company in Japan and has worldwide operations.

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