Macquarie Raises Honda Motor Co. to Outperform (HMC)

By admin | 6 years ago

Honda Motor Co. (NYSE: HMC) was upgraded by investment analysts at Macquarie from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday.

Shares of Honda Motor Co. traded down 0.56% during mid-day trading on Tuesday, hitting $32.11. Honda Motor Co. has a 52 week low of $27.52 and a 52 week high of $41.23. The company has a market cap of $57.872 billion and a P/E ratio of 21.88.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of Honda Motor Co. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday. They now have a $38.00 price target on the stock. Separately, analysts at Credit Suisse (NYSE: CS) upgraded shares of Honda Motor Co. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, May 7th.

Honda Motor Co, Ltd. (Honda) 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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