Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Nippon Telegraph and Telephone ( (JP:9432) ) has issued an announcement.
NTT has acknowledged media reports about its subsidiary, NTT DOCOMO, potentially entering the banking sector through acquiring SBI Sumishin Net Bank. However, NTT clarifies that these reports are not based on any official announcement from the company. The matter is set to be discussed in NTT DOCOMO’s Board of Directors meeting, and further announcements will be made if necessary.
The most recent analyst rating on (JP:9432) stock is a Hold with a Yen160.00 price target. To see the full list of analyst forecasts on Nippon Telegraph and Telephone stock, see the JP:9432 Stock Forecast page.
More about Nippon Telegraph and Telephone
Nippon Telegraph and Telephone Corporation (NTT) operates in the telecommunications industry, providing a range of services including mobile communications, network services, and information technology solutions. NTT DOCOMO, a subsidiary of NTT, is a prominent player in the mobile communications sector.
Average Trading Volume: 170,841,483
Technical Sentiment Signal: Buy
Current Market Cap: Yen12904.6B
For detailed information about 9432 stock, go to TipRanks’ Stock Analysis page.