Todays Report: TheStreet Upgrades Nomura Holdings Inc. (NMR) to “Hold”

TheStreet Upgrades Nomura Holdings Inc. (NMR) to “Hold”

Nomura Holdings Inc. (NYSE:NMR) was upgraded by analysts at TheStreet from a “sell” rating to a “hold” rating in a research note issued on Thursday.

A number of other research analysts have also commented on the stock. Zacks Investment Research lowered shares of Nomura Holdings from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 20th. Jefferies Group upgraded shares of Nomura Holdings from an “underperform” rating to a “hold” rating in a research note on Thursday, September 1st. Morgan Stanley lowered shares of Nomura Holdings from an “overweight” rating to an “equal” rating in a research note on Friday, July 8th. Nomura upgraded shares of Nomura Holdings from an “underweight” rating to a “neutral” rating in a research note on Friday, July 29th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Nomura Holdings in a report on Friday, July 29th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $5.00.

Shares of Nomura Holdings (NYSE:NMR) opened at 4.93 on Thursday. Nomura Holdings has a 12-month low of $3.33 and a 12-month high of $6.50. The stock’s 50 day moving average price is $4.55 and its 200-day moving average price is $4.30. The firm has a market capitalization of $17.53 billion, a P/E ratio of 15.26 and a beta of 1.83.

A number of institutional investors have recently bought and sold shares of the company. World Asset Management Inc raised its position in Nomura Holdings by 8.1% in the third quarter. World Asset Management Inc now owns 255,695 shares of the company’s stock worth $1,138,000 after buying an additional 19,097 shares in the last quarter. Bank of Montreal Can raised its position in Nomura Holdings by 6.1% in the third quarter. Bank of Montreal Can now owns 82,094 shares of the company’s stock worth $365,000 after buying an additional 4,723 shares in the last quarter. Capstone Asset Management Co. raised its position in Nomura Holdings by 1.0% in the third quarter. Capstone Asset Management Co. now owns 331,382 shares of the company’s stock worth $1,475,000 after buying an additional 3,390 shares in the last quarter. Royal Bank of Canada raised its position in Nomura Holdings by 44.5% in the second quarter. Royal Bank of Canada now owns 107,891 shares of the company’s stock worth $379,000 after buying an additional 33,228 shares in the last quarter. Finally, Stifel Financial Corp raised its position in Nomura Holdings by 0.3% in the second quarter. Stifel Financial Corp now owns 56,750 shares of the company’s stock worth $199,000 after buying an additional 180 shares in the last quarter. 0.53% of the stock is owned by hedge funds and other institutional investors.

Nomura Holdings Company Profile

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