Nomura Research Institute (OTCMKTS:NRILY) Rating Increased to Hold at Citigroup

Nomura Research Institute (OTCMKTS:NRILY) was upgraded by analysts at Citigroup from a “strong sell” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Separately, Zacks Research lowered Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 12th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Nomura Research Institute Stock Performance

Shares of NRILY opened at $41.88 on Wednesday. Nomura Research Institute has a 1 year low of $27.00 and a 1 year high of $43.20. The company’s 50 day simple moving average is $38.43 and its 200 day simple moving average is $39.11. The company has a market capitalization of $24.34 billion, a price-to-earnings ratio of 35.19 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.84 and a current ratio of 1.84.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.33 earnings per share for the quarter. Nomura Research Institute had a return on equity of 23.29% and a net margin of 12.96%.The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.36 billion. On average, sell-side analysts predict that Nomura Research Institute will post 1.04 EPS for the current year.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan and internationally. Its Consulting segment offers management, operational, and system consulting services for enterprises and government agencies.