BANDAI NAMCO (NCBDF) to Post Earnings on Thursday

BANDAI NAMCO (OTCMKTS:NCBDF) is projected to issue its results before the market opens on Thursday, August 6th. Analysts expect BANDAI NAMCO to post earnings of $0.3070 per share and revenue of $1.8034 billion for the quarter.

BANDAI NAMCO Price Performance

NCBDF remained flat at $27.11 during trading on Tuesday. 80 shares of the company’s stock were exchanged, compared to its average volume of 627. The firm has a fifty day moving average of $22.85 and a 200 day moving average of $24.46. BANDAI NAMCO has a 1 year low of $22.44 and a 1 year high of $37.64.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut shares of BANDAI NAMCO from a “buy” rating to a “sell” rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.