Softbank Corp. (SFTBY) Downgraded by Deutsche Bank AG

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Softbank Corp. (OTCMKTS:SFTBY) was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating in a note issued to investors on Monday.
Separately, Canaccord Genuity lowered Softbank Corp. to a “hold” rating in a research note on Monday, July 18th.

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Shares of Softbank Corp. (OTCMKTS:SFTBY) traded down 0.65% during trading on Monday, reaching $31.15. The company’s stock had a trading volume of 63,963 shares. Softbank Corp. has a 52-week low of $18.33 and a 52-week high of $34.56. The company has a market cap of $70.54 billion, a PE ratio of 15.00 and a beta of 1.29. The firm’s 50-day moving average is $31.78 and its 200 day moving average is $28.03.

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