Bandai Namco (OTCMKTS:NCBDY) Upgraded by Zacks Research to “Hold” Rating

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 downgraded shares of Bandai Namco from a “strong-buy” rating to a “sell” rating in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Bandai Namco Stock Performance

Shares of OTCMKTS NCBDY 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 company’s 50 day moving average price is C$12.03 and its 200-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.