Honda Motor Co Ltd (ADR) (NYSE:HMC) has been downgraded to Neutral in a statement by Macquarie earlier today.
- Updated: December 1, 2016
Boasting a price of $29.74, Honda Motor Co Ltd (ADR) (NYSE:HMC) traded -0.13% lower on the day. The last close is up 5.20% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. HMC has recorded a 50-day moving average of $29.03 and a 200-day moving average of $28.23. 246,075 shares of the stock traded hands, down from an average trading volume of 708,591
Macquarie has downgraded Honda Motor Co Ltd (ADR) (NYSE:HMC) to Neutral in a statement released on Thursday December 01, 2016.
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Honda Motor Co Ltd (ADR) has a PE ratio of 15.53 with a one year low of $24.03 and a one year high of $33.42 Honda Motor Co Ltd (ADR)’s market capitalization is presently $0.
A total of 2 analysts have released a report on Honda Motor Co Ltd (ADR). Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $33.62.
Brief Synopsis About Honda Motor Co Ltd (ADR) (NYSE:HMC)
Honda Motor Co., Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company's segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class. Its automobiles use gasoline engines of three, four or six cylinder, diesel engines, gasoline-electric hybrid systems and gasoline-electric plug-in hybrid systems. Honda offers a range of financial services to its customers and dealers through finance subsidiaries in countries, including Japan, the United States, Canada, the United Kingdom, Germany, Brazil and Thailand. Honda manufactures a range of power products, including general-purpose engines, generators, water pumps, lawn mowers, riding mowers, grass cutters, brush cutters, tillers and snow blowers.
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