Analysts Set Expectations for Nomura Research In’s FY2018 Earnings (NRILY)

Nomura Research In (OTCMKTS:NRILY) – Jefferies Group lifted their FY2018 earnings estimates for Nomura Research In in a note issued to investors on Friday. Jefferies Group analyst H. Sato now forecasts that the company will post earnings per share of $0.55 for the year, up from their prior estimate of $0.53. Jefferies Group also issued estimates for Nomura Research In’s FY2020 earnings at $0.48 EPS.

Separately, Zacks Investment Research upgraded Nomura Research In from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a report on Tuesday.

Shares of Nomura Research In (OTCMKTS:NRILY) remained flat at $$11.61 during mid-day trading on Monday. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $12,260.00, a price-to-earnings ratio of 31.38, a PEG ratio of 2.35 and a beta of 0.46. Nomura Research In has a 12 month low of $7.70 and a 12 month high of $11.78.

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About Nomura Research In

Nomura Research Institute, Ltd. engages in consulting, financial information technology (IT) solutions, industrial IT solutions, and IT platform services businesses primarily in Japan. The Consulting segment offers management consulting services to develop business strategies, reengineer operations, support government/public agencies, and implement administrative reforms; and systems consulting services to enhance the use of IT, including IT strategic development, business reengineering planning and execution support, standardized architecture implementation, global cross-functional IT governance, and others.

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