Nippon Telegraph & Telephone (NTTYY) Stock Rating Lowered by HSBC

HSBC lowered shares of Nippon Telegraph & Telephone (OTCMKTS:NTTYY) from a buy rating to a hold rating in a report issued on Wednesday, The Fly reports.

Separately, Zacks Investment Research upgraded Nippon Telegraph & Telephone from a sell rating to a hold rating in a research report on Tuesday, July 17th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $53.00.

Shares of NTTYY opened at $39.64 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.23 and a quick ratio of 1.16. Nippon Telegraph & Telephone has a one year low of $35.36 and a one year high of $52.89. The company has a market cap of $78.98 billion, a P/E ratio of 8.53 and a beta of 0.18.

Nippon Telegraph & Telephone (OTCMKTS:NTTYY) last issued its quarterly earnings results on Tuesday, August 7th. The company reported $1.36 EPS for the quarter. Nippon Telegraph & Telephone had a return on equity of 8.61% and a net margin of 7.84%. The firm had revenue of $26.25 billion during the quarter.

Nippon Telegraph & Telephone Company Profile

Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunications equipment, system integration, and other services in Japan and internationally. It operates through five segments: Regional Communications Business, Long Distance and International Communications Business, Mobile Communications Business, Data Communications Business, and Other Business.

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