Citi Remains a Sell on Nomura Holdings (NRSCF)
Citi analyst Koichi Niwa maintained a Sell rating on Nomura Holdings today and set a price target of Yen800.00. The company’s shares closed last Friday at $6.41.
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Niwa covers the Financial sector, focusing on stocks such as Credit Saison Co, Nomura Holdings, and ORIX. According to TipRanks, Niwa has an average return of 17.7% and a 44.44% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Nomura Holdings with a $6.54 average price target.
Based on Nomura Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1079354000 thousand and a net profit of $71.97 billion. In comparison, last year the company earned a revenue of $1170754000 thousand and had a net profit of $56.75 billion
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