Nomura Research Institute (OTCMKTS:NRILY – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $28.65, but opened at $31.3810. Nomura Research Institute shares last traded at $31.3810, with a volume of 594 shares.
Analysts Set New Price Targets
Separately, Jefferies Financial Group upgraded Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Read Our Latest Report on Nomura Research Institute
Nomura Research Institute Stock Up 5.2%
Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last announced its earnings results on Friday, April 24th. The company reported ($0.76) EPS for the quarter, missing the consensus estimate of $31.34 by ($32.10). The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $227 billion. Nomura Research Institute had a return on equity of 4.03% and a net margin of 2.33%. Sell-side analysts anticipate that Nomura Research Institute will post 1.39 earnings per share for the current year.
Nomura Research Institute Company Profile
Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.
NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.
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