FY2019 Earnings Estimate for NOMURA Resh Ins/ADR (NRILY) Issued By Jefferies Financial Group

NOMURA Resh Ins/ADR (OTCMKTS:NRILY) – Analysts at Jefferies Financial Group lifted their FY2019 earnings estimates for shares of NOMURA Resh Ins/ADR in a research note issued to investors on Tuesday, September 11th, according to Zacks Investment Research. Jefferies Financial Group analyst H. Sato now forecasts that the company will post earnings per share of $0.48 for the year, up from their previous estimate of $0.46.

Separately, Zacks Investment Research raised NOMURA Resh Ins/ADR from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a report on Thursday, September 13th.

Shares of OTCMKTS NRILY remained flat at $$11.82 during mid-day trading on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.92 and a quick ratio of 1.91. The stock has a market cap of $11.29 billion, a P/E ratio of 23.18, a price-to-earnings-growth ratio of 2.74 and a beta of 1.49. NOMURA Resh Ins/ADR has a 12-month low of $9.09 and a 12-month high of $13.10.

About NOMURA Resh Ins/ADR

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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