Honda Motor (HMC) is Initiated by Susquehanna to Neutral

Honda Motor (HMC) is Initiated by Susquehanna to Neutral , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Dec-22-2015.

Shares of Honda Motor Company, Ltd. (NYSE:HMC) ended Thursday session in red amid volatile trading. The shares closed down 0.42 points or 1.28% at $32.37 with 367,585 shares getting traded. Post opening the session at $32.76, the shares hit an intraday low of $32.36 and an intraday high of $32.7825 and the price vacillated in this range throughout the day. The company has a market cap of $58,340 million and the number of outstanding shares has been calculated to be 1,802,286,900 shares. The 52-week high of Honda Motor Company, Ltd. (NYSE:HMC) is $36.44 and the 52-week low is $28.61.

Analysts at Zacks have given a short term rating of hold on Honda Motor Company, Ltd. (NYSE:HMC) with a rank of 3. The shares has received an average rating of 2 from 2 brokerage firms. 1 analysts have rated the company as a strong buy. The shares has been rated as hold from 1 Wall Street Analysts.

Honda Motor Company, Ltd. (NYSE:HMC) stock has received a short term price target of $ 35.69 from 2 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $2.04. The higher estimate of target price is $37 , while the lower price target estimate is $34

Shares of Honda Motor Co., Ltd. appreciated by 0.97% during the last five trading days but lost 0.19% on a 4-week basis. Honda Motor Co., Ltd. is up 3.78% in the last 3-month period. Year-to-Date the stock performance stands at 9.65%.”

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. The Company’s business segments are the motorcycle business, automobile business, financial services business, and power product and other businesses. The Company conducts its operations in Japan and worldwide, including North America, Europe and Asia. As March 31, 2014, the Company had 448 associated companies.