Nomura/Instinet maintains Rakuten Inc at 'neutral' with a price target of JPY613.00

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Nomura/Instinet maintains Rakuten Inc at 'neutral' with a price target of JPY613.00

An analyst from Nomura/Instinet maintained Rakuten Inc (TYO: 4755 ) at 'neutral' with a price target of JPY613.00 from a prior price target of JPY590.00.

Prior to this rating, Rakuten Inc had 3 buy ratings, 11 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Rakuten Inc, click here. For more news on Rakuten Inc, click here.

Rakuten Inc's stock price closed at $628.2. They are up 14.11% in the last month and down -3.5% in the last 12 months.

According to Investing Pro, Rakuten Inc's fair value is $656.9, an upside of 5.2%. Rakuten Inc's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Rakuten Inc's recent earnings performance and financials here.

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