Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Thursday, August 31st. The firm currently has a $6.00 price objective on the financial services provider’s stock. Zacks Investment Research‘s price target points to a potential upside of 9.09% from the stock’s current price.
According to Zacks, “Daiwa Securities Group Inc. is engaged in providing comprehensive financial services by operating in businesses such as retail and wholesale securities, investment, asset management, as well as system support and research services. Daiwa offers consulting and online trading and handling a complete spectrum of financial products and services through its retail business and provides brokerage, investment banking and M&A advisory services through its wholesale business. Its investment business focuses largely on venture capital investments, organizing and managing of private equity funds and conducting direct investments in monetary claims. The Company’s asset management business is involved in creating and managing investment trusts, offering pension fund management and management of REIT (Real Estate Investment Trust). It also offers system-consulting and system-integration service for outside-Group clients. Daiwa Securities Group Inc. is headquartered in Tokyo, Japan. “
Daiwa Securities Group (OTCMKTS DSEEY) traded up 0.636% during trading on Thursday, reaching $5.535. The company had a trading volume of 10,531 shares. Daiwa Securities Group has a 12 month low of $5.40 and a 12 month high of $6.77. The company has a market capitalization of $9.24 billion, a P/E ratio of 10.326 and a beta of 0.96. The firm’s 50 day moving average is $5.59 and its 200-day moving average is $5.96.
ILLEGAL ACTIVITY NOTICE: This piece of content was first published by BBNS and is owned by of BBNS. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://baseballnewssource.com/markets/daiwa-securities-group-inc-dseey-raised-to-buy-at-zacks-investment-research/1565372.html.
About Daiwa Securities Group
Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates in four segments: Retail, Wholesale, Asset management, and Investment. It offers brokerage, trading, underwriting, strategic advice, product development, and structured finance services.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Daiwa Securities Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daiwa Securities Group Inc. and related companies with our FREE daily email newsletter.