BANDAI NAMCO (OTCMKTS:NCBDF – Get Free Report) was downgraded by The Goldman Sachs Group from a “buy” rating to a “sell” rating in a research report issued to clients and investors on Thursday.
BANDAI NAMCO Stock Performance
Shares of OTCMKTS NCBDF opened at $22.98 on Thursday. BANDAI NAMCO has a 12-month low of $22.98 and a 12-month high of $37.64. The firm’s 50-day simple moving average is $25.15 and its 200 day simple moving average is $26.77.
About BANDAI NAMCO
BANDAI NAMCO Holdings Inc is a diversified Japanese entertainment conglomerate headquartered in Tokyo. The company operates through multiple business segments, including Toys & Hobby, Network Entertainment, Real Entertainment and IP Creation. Its offerings span a wide range of consumer products and services, from collectible plastic model kits and action figures to video games, mobile applications and amusement park attractions.
Formed in 2005 through the merger of Bandai Co, Ltd.—founded in 1950—and Namco Ltd., the group combines a lengthy heritage of toy manufacturing with a storied legacy in arcade and console gaming.
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