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Honda Motor Co Ltd (ADR) (NYSE:HMC) was downgraded by Ji-Asia Research from a “buy” rating to a “neutral” rating in a research note issued on Monday.

A number of other analysts have also recently weighed in on HMC. Analysts at Zacks reiterated a “neutral” rating on shares of Honda Motor Co Ltd (ADR) in a research note on Monday, April 28th. They now have a $35.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. downgraded shares of Honda Motor Co Ltd (ADR) from an “overweight” rating to a “neutral” rating in a research note on Friday, April 25th. Finally, analysts at Morgan Stanley downgraded shares of Honda Motor Co Ltd (ADR) from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 16th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $38.99.

Shares of Honda Motor Co Ltd (NYSE:HMC) opened at 33.35 on Monday. Honda Motor Co Ltd has a 1-year low of $32.42 and a 1-year high of $42.96. The stock’s 50-day moving average is $33.88 and its 200-day moving average is $37.62. The company has a market cap of $60.106 billion and a P/E ratio of 10.54.

Honda Motor Co Ltd (ADR) (NYSE:HMC) last released its earnings data on Friday, April 25th. The company reported $94.61 earnings per share for the quarter, beating the analysts’ consensus estimate of $88.01 by $6.60. The company had revenue of $3,097.20 billion for the quarter, compared to the consensus estimate of $3,220.42 billion. Honda Motor Co Ltd (ADR)’s revenue was up 3.2% compared to the same quarter last 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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