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9414 Nippon BS Broadcasting News Story

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Japan's Nippon BS Broadcasting surges after co lifts profit outlook

** Nippon BS Broadcasting  9414.T  surges 7.2 pct to 1,351
yen, highest since March 7
    ** Co raises parent net profit outlook to 1.090 bln yen from
780 mln yen for Sept-Feb period  urn:newsml:reuters.com:*:nXB1KGB99L
    ** As of the previous close, the stock had fallen 3.23
percent so far this year. 
    ** As of 0217 GMT, about 60,600 shares of the Tokyo-based
company have been traded, about 169.6 percent of their 30-day
moving average of 35,740 shares a day.
    ** Among the 3 analysts that cover Nippon BS Broadcasting
Corp, the current average rating on the shares is "hold"; the
breakdown of recommendations is "strong buy" or "buy", one
"hold" and no "sell" or "strong sell". The analyst mean price
target is 1,300 yen.
    ** The forward price-to-earnings ratio for Nippon BS
Broadcasting Corp for the next 12 months is 14.08, about 4.20
percent lower than it was at the end of last year. 

 (Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)

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