Nintendo Co., Ltd (NASDAQ:NTDOY) has been assigned an average recommendation of “Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $48.50.

NTDOY has been the subject of a number of recent research reports. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of Nintendo Co. in a research note on Monday, March 27th. Citigroup Inc. initiated coverage on shares of Nintendo Co. in a research note on Thursday, April 13th. They set a “buy” rating for the company. Zacks Investment Research raised shares of Nintendo Co. from a “hold” rating to a “strong-buy” rating and set a $34.00 price target for the company in a research note on Wednesday, April 5th. Jefferies Group LLC set a $43.00 price target on shares of Nintendo Co. and gave the stock a “buy” rating in a research note on Wednesday, April 19th. Finally, CLSA raised shares of Nintendo Co. from a “sell” rating to an “underperform” rating in a research note on Wednesday.

Several large investors have recently bought and sold shares of the company. UBS Asset Management Americas Inc. acquired a new stake in Nintendo Co. during the fourth quarter worth $1,878,000. Parametric Portfolio Associates LLC increased its stake in Nintendo Co. by 9.7% in the first quarter. Parametric Portfolio Associates LLC now owns 385,292 shares of the company’s stock worth $11,181,000 after buying an additional 33,916 shares during the period. Glacier Peak Capital LLC acquired a new stake in Nintendo Co. during the fourth quarter worth $811,000. Finally, Quadrant Capital Group LLC increased its stake in Nintendo Co. by 320.2% in the first quarter. Quadrant Capital Group LLC now owns 7,547 shares of the company’s stock worth $211,000 after buying an additional 5,751 shares during the period.

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Shares of Nintendo Co. (NTDOY) traded up 0.922% during mid-day trading on Wednesday, reaching $39.612. 104,039 shares of the company were exchanged. The firm has a 50-day moving average price of $34.69 and a 200 day moving average price of $29.51. Nintendo Co. has a 12 month low of $16.77 and a 12 month high of $40.36. The stock has a market capitalization of $38.07 billion and a P/E ratio of 41.273.

About Nintendo Co.

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