Bandai Namco (OTCMKTS:NCBDY) Stock Rating Upgraded by Zacks Research

Bandai Namco (OTCMKTS:NCBDY) was upgraded by investment analysts at Zacks Research to a “hold” rating in a report released on Thursday,Zacks.com reports.

Separately, The Goldman Sachs Group cut Bandai Namco from a “strong-buy” rating to a “sell” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Bandai Namco Stock Performance

Bandai Namco stock opened at C$11.38 on Thursday. Bandai Namco has a 52-week low of C$10.94 and a 52-week high of C$19.67. The stock’s 50 day moving average price is C$12.03 and its two-hundred day moving average price is C$12.99.

Bandai Namco Company Profile

Bandai Namco Holdings Inc is a Japanese multinational company specializing in the creation and distribution of entertainment products and services. Formed in 2005 through the merger of Bandai Co, Ltd. and Namco Ltd., the company brings together expertise in toy manufacturing, video game development and publishing, amusement facilities, and digital content. Its diverse portfolio spans physical playthings, interactive software, themed attractions and character licensing.

In its Toys & Hobby segment, Bandai Namco produces collectible models, action figures and playsets, including the popular Gundam plastic model kits and Dragon Ball figurines.