Nintendo Co., Ltd (NASDAQ:NTDOY) has been assigned an average rating of “Buy” from the six research firms that are currently covering the company, MarketBeat reports. One 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 given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $50.00.

Several research analysts have weighed in on NTDOY shares. Citigroup Inc. started coverage on shares of Nintendo Co. in a report on Thursday, April 13th. They set a “buy” rating for the company. CLSA raised shares of Nintendo Co. from a “sell” rating to an “underperform” rating in a report on Wednesday, June 14th. Finally, Jefferies Group LLC set a $43.00 price objective on shares of Nintendo Co. and gave the stock a “buy” rating in a report on Wednesday, April 19th.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC increased its position 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 last quarter. UBS Asset Management Americas Inc. acquired a new position in Nintendo Co. during the fourth quarter worth about $1,878,000. Finally, Parametric Portfolio Associates LLC increased its position 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 last quarter.

Shares of Nintendo Co. (NASDAQ NTDOY) opened at 42.45 on Friday. Nintendo Co. has a 12 month low of $24.12 and a 12 month high of $44.33. The firm has a market cap of $40.77 billion and a price-to-earnings ratio of 30.77.

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Nintendo Co. Company Profile

Analyst Recommendations for Nintendo Co. (NASDAQ:NTDOY)

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