Nintendo Stock (NTDOF) Slips on Bo Bragason Zelda Casting
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There's been speculation for months about who would play the female lead in the adaptation of the video game company's popular series. Some fans had debated the role and the best fit for it. Some fans had called for Hunter Schafer to be cast as Zelda, but that was a controversial pick as Schafer is trans. Nintendo sidestepped this controversy with its casting of Bo Bragason.
Nintendo doesn't have its own studio to create the live-action version of The Legend of Zelda. Instead, it has teamed up with Sony (SONY) to develop the film. This is interesting, as Sony is the creator of the PlayStation brand, one of Nintendo's biggest rivals in the video game space.
Donkey Kong Bananza
In other Nintendo news, reviews are live for the company's newest game, Donkey Kong Bananza. The game currently has a score of 90 out of 100 on Metacritic, suggesting the video game developer has another success on its hands. The game will be released tomorrow, with sales data likely to follow in the weeks after that.
Despite all of this positive news, Nintendo stock was down 0.84% as of Wednesday morning. However, the stock has rallied 44.6% year to date and 50.21% over the past 12 months.
Is Nintendo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Nintendo is Moderate Buy, based on eight Buy, two Hold, and a single Sell rating over the past three months. With that comes an average NTDOF stock price target of $95.41, representing a potential 13.31% upside for the shares.
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