Nikon Corp (NINOY) Given $22.10 Consensus Price Target by Brokerages

Nikon Corp (NASDAQ:NINOY) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation. Nikon Corp’s rating score has improved by 60% from 90 days ago as a result of various analysts’ ratings changes.

Brokers have set a 1-year consensus target price of $22.10 for the company, according to Zacks. Zacks has also given Nikon Corp an industry rank of 33 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research downgraded shares of Nikon Corp from a “hold” rating to a “sell” rating in a report on Thursday, November 9th.

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Nikon Corp (NINOY) traded up $0.06 on Friday, reaching $20.63. The company had a trading volume of 1,281 shares, compared to its average volume of 4,996. Nikon Corp has a 1 year low of $13.94 and a 1 year high of $20.83.

Nikon Corp Company Profile

NIKON CORPORATION is mainly engaged in the manufacture and sale of image and video equipment. The Company operates in three business segments. The Precision Equipment segment offers semiconductor exposure apparatus and flat panel display (FPD) exposure apparatus products and services. The Video segment provides video related and its peripheral area products and services, such as interchangeable lens type digital cameras, compact digital cameras and interchangeable lenses.

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