Shares of SoftBank Corp. (OTCMKTS:SFBQF – Get Free Report) were down 0.3% during trading on Thursday. The stock traded as low as $1.53 and last traded at $1.53. 1,042 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 92,900 shares. The stock had previously closed at $1.5350.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised SoftBank to a “buy” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.
Read Our Latest Research Report on SoftBank
SoftBank Trading Up 4.6%
SoftBank Company Profile
SoftBank Group Corp. is a Japanese investment holding company focused on technology businesses and growth-stage companies. Founded in 1981 by Masayoshi Son as a distributor of computer software, the company has expanded into telecommunications, internet services, artificial intelligence, semiconductors and technology investing.
Through its investment operations, including the SoftBank Vision Funds, SoftBank backs companies across areas such as enterprise software, e-commerce, financial technology, mobility and artificial intelligence.
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