Shares of SoftBank Group Corp – (OTCMKTS:SFTBY) have earned an average rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $20.90.
Several equities analysts have recently commented on SFTBY shares. HSBC raised SoftBank Group from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd. Jefferies Financial Group lowered SoftBank Group from a “buy” rating to a “hold” rating and set a $20.90 price target on the stock. in a research note on Friday, October 25th. Zacks Investment Research lowered SoftBank Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Finally, ValuEngine raised SoftBank Group from a “strong sell” rating to a “sell” rating in a research note on Thursday, November 14th.
OTCMKTS SFTBY traded up $0.12 on Tuesday, reaching $19.82. 614,757 shares of the company were exchanged, compared to its average volume of 916,873. The business’s fifty day moving average price is $19.34 and its 200 day moving average price is $27.66. The stock has a market capitalization of $82.08 billion, a P/E ratio of 6.98 and a beta of 1.66. The company has a current ratio of 1.00, a quick ratio of 0.96 and a debt-to-equity ratio of 1.65. SoftBank Group has a fifty-two week low of $15.54 and a fifty-two week high of $28.04.
About SoftBank Group
SoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through six segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, ARM, and SoftBank Vision Fund and Delta Fund. The Domestic Telecommunications segment provides mobile communications and broadband services; and telecom services, such as data communications and fixed-line telephone services to corporate customers, as well as sells mobile devices.
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