NINTENDO LTD/ADR (OTCMKTS:NTDOY) Upgraded at Wedbush

Wedbush upgraded shares of NINTENDO LTD/ADR (OTCMKTS:NTDOY) from a neutral rating to an outperform rating in a report issued on Wednesday, The Fly reports. Wedbush also issued estimates for NINTENDO LTD/ADR’s Q1 2020 earnings at $0.23 EPS, Q1 2021 earnings at $0.32 EPS, Q2 2021 earnings at $0.52 EPS, Q3 2021 earnings at $1.05 EPS and Q4 2021 earnings at $0.38 EPS.

A number of other equities analysts also recently commented on NTDOY. Macquarie set a $155.00 target price on shares of Deckers Outdoor and gave the stock a hold rating in a research note on Tuesday, June 11th. ValuEngine upgraded shares of Alleghany from a hold rating to a buy rating in a research note on Friday, April 19th. Deutsche Bank restated a buy rating on shares of NINTENDO LTD/ADR in a research note on Wednesday, March 27th. Finally, Zacks Investment Research downgraded shares of German American Bancorp. from a buy rating to a hold rating in a research note on Tuesday, April 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. NINTENDO LTD/ADR has a consensus rating of Buy and an average price target of $41.00.

Shares of OTCMKTS:NTDOY opened at $48.23 on Wednesday. The company has a market cap of $45.96 billion, a P/E ratio of 25.65 and a beta of 0.98. NINTENDO LTD/ADR has a 12 month low of $31.38 and a 12 month high of $48.68. The firm’s 50-day moving average price is $45.04.

A number of hedge funds have recently modified their holdings of the business. Parametric Portfolio Associates LLC grew its stake in NINTENDO LTD/ADR by 5.5% in the 1st quarter. Parametric Portfolio Associates LLC now owns 646,397 shares of the company’s stock worth $23,186,000 after acquiring an additional 33,655 shares in the last quarter. Foresters Investment Management Company Inc. lifted its position in shares of NINTENDO LTD/ADR by 29.8% in 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. Gagnon Securities LLC lifted its position in shares of NINTENDO LTD/ADR by 0.7% in the 1st quarter. Gagnon Securities LLC now owns 32,661 shares of the company’s stock worth $1,164,000 after purchasing an additional 242 shares during the period. Boston Common Asset Management LLC lifted its position in shares of NINTENDO LTD/ADR by 11.8% in the 1st quarter. Boston Common Asset Management LLC now owns 25,365 shares of the company’s stock worth $904,000 after purchasing an additional 2,683 shares during the period. Finally, Campbell Capital Management Inc. purchased a new stake in shares of NINTENDO LTD/ADR in the 4th quarter worth approximately $559,000. Institutional investors and hedge funds own 0.15% 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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