ValuEngine lowered shares of Honda Motor (NYSE:HMC) from a sell rating to a strong sell rating in a research note published on Friday, November 2nd.
Several other research firms have also recently weighed in on HMC. Nomura cut Honda Motor from a buy rating to a neutral rating in a research report on Monday, July 16th. Zacks Investment Research raised Honda Motor from a hold rating to a strong-buy rating and set a $33.00 price target for the company in a research report on Wednesday, October 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of $36.50.
Shares of HMC stock traded up $0.04 on Friday, hitting $28.50. 691,155 shares of the stock were exchanged, compared to its average volume of 1,059,682. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.22 and a quick ratio of 0.96. The stock has a market capitalization of $52.33 billion, a P/E ratio of 7.87, a P/E/G ratio of 2.75 and a beta of 0.97. Honda Motor has a fifty-two week low of $26.04 and a fifty-two week high of $37.29.
Honda Motor Company Profile
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.
Further Reading: Understanding each part of a balance sheet
To view ValuEngine’s full report, visit ValuEngine’s official website.
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