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Honda Motor Co. (NYSE:HMC) was downgraded by investment analysts at TheStreet from a “buy” rating to a “hold” rating in a note issued to investors on Monday, ARN reports.

The analysts wrote, “Honda Motor (HMC) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins.”

HMC has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Honda Motor Co. in a research note on Friday. They now have a $42.98 price target on the stock, down previously from $51.93. Separately, analysts at Credit Suisse initiated coverage on shares of Honda Motor Co. in a research note on Wednesday, April 2nd. They set an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Honda Motor Co. in a research note on Friday, March 14th. They now have a $38.00 price target on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Honda Motor Co. has an average rating of “Buy” and an average price target of $40.49.

Honda Motor Co. (NYSE:HMC) traded up 1.69% during mid-day trading on Monday, hitting $34.3099. The stock had a trading volume of 280,446 shares. Honda Motor Co. has a 52 week low of $33.32 and a 52 week high of $42.96. The stock has a 50-day moving average of $35.52 and a 200-day moving average of $38.62. The company has a market cap of $61.836 billion and a P/E ratio of 9.98.

Honda Motor Co. (NYSE:HMC) last released its earnings data on Friday, January 31st. The company reported $0.87 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.86 by $0.01. The company had revenue of $3,020.80 billion for the quarter, compared to the consensus estimate of $3,042.78 billion. Honda Motor Co.’s revenue was up 24.5% compared to the same quarter last year. On average, analysts predict that Honda Motor Co. will post $3.34 earnings per share for the current fiscal year.

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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