Toyota Motor (TM) is Initiated by Susquehanna to Neutral

Toyota Motor (TM) 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 Toyota Motor Corp Ltd Ord (NYSE:TM) ended Thursday session in red amid volatile trading. The shares closed down 1.86 points or 1.47% at $124.8 with 352,789 shares getting traded. Post opening the session at $126.35, the shares hit an intraday low of $124.71 and an intraday high of $126.627 and the price vacillated in this range throughout the day. The company has a market cap of $213,283 million and the number of outstanding shares has been calculated to be 1,708,998,700 shares. The 52-week high of Toyota Motor Corp Ltd Ord (NYSE:TM) is $145.8 and the 52-week low is $105.

Toyota Motor Corp Ltd Ord (NYSE:TM) has received a short term rating of sell from research analysts at Zacks with a rank of 4. The company has been rated an average of 2.33 by 3 Wall Street Analysts. 1 analysts have added the shares in their list of strong buys. 2 broker firms have advised hold.

Toyota Motor Corp Ltd Ord (NYSE:TM) shares are expected to touch $137.58 in the short term. This short term price target has been shared by 2 analysts. However, the standard deviation of short term price estimate has been valued at 5.71. The target price could hit $142 on the higher end and $134 on the lower end.

Toyota Motor Corporation has dropped 0.07% in the last five trading days, however, the shares have posted positive gains of 1.34% in the last 4 weeks. Toyota Motor Corporation is up 5.03% in the last 3-month period. Year-to-Date the stock performance stands at -0.54%.”

TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile business and financial business. The Company operates through three business segments. The Automobile segment is engaged in the design, manufacture and sale of car products, including sedans, minivans, 2BOX cars, sport-utility vehicles and trucks, as well as the related parts and accessories. The Finance segment is involved in the provision of financial services related to the sale of the Company’s products, as well as the leasing of vehicles and equipment. The Others segment is involved in the design, manufacture and sale of housings, as well as the information and communication business. As of March 31, 2014, the Company had 542 subsidiaries and 203 associated companies.