Honda Motor Co. Stock Rating Lowered by TheStreet (HMC)
Honda Motor Co. (NYSE:HMC) was downgraded by equities researchers at TheStreet to a “neutral” rating in a research report issued on Tuesday, Analyst Ratings Network.com reports.
A number of other firms have also recently commented on HMC. Analysts at Morgan Stanley downgraded shares of Honda Motor Co. from a “buy” rating to an “equal weight” rating in a research note to investors on Monday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Honda Motor Co. in a research note to investors on Friday, December 13th. They now have a $43.00 price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Honda Motor Co. in a research note to investors on Thursday, November 21st. They set a “buy” rating and a $47.32 price target on the stock. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Honda Motor Co. has an average rating of “Buy” and a consensus target price of $45.16.
Shares of Honda Motor Co. (NYSE:HMC) traded down 0.22% on Tuesday, hitting $40.71. The stock had a trading volume of 206,978 shares. Honda Motor Co. has a 52-week low of $35.15 and a 52-week high of $42.96. The stock has a 50-day moving average of $41.29 and a 200-day moving average of $39.24. The company has a market cap of $73.371 billion and a price-to-earnings ratio of 14.61.
Honda Motor Co, Ltd. (NYSE:HMC) develops, produces and manufactures a variety of motor products, ranging from small general-purpose engines and scooters to specialty sports cars.
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