Bank of America Corporation downgraded shares of Toyota Motor Corp Ltd Ord (NYSE:TM) from a neutral rating to an underperform rating in a report issued on Tuesday, MarketBeat reports. They currently have $108.22 price target on the stock.

Several other research firms have also recently weighed in on TM. Zacks Investment Research upgraded shares of Toyota Motor Corp Ltd Ord from a sell rating to a hold rating in a research report on Monday, June 5th. Jefferies Group LLC reiterated a hold rating and set a $116.00 price objective on shares of Toyota Motor Corp Ltd Ord in a research report on Monday, April 3rd. BidaskClub upgraded shares of Toyota Motor Corp Ltd Ord from a sell rating to a hold rating in a research report on Thursday, July 6th. TheStreet upgraded shares of Toyota Motor Corp Ltd Ord from a c+ rating to a b rating in a research report on Wednesday, May 10th. Finally, Daiwa Capital Markets cut shares of Toyota Motor Corp Ltd Ord from an outperform rating to a neutral rating in a research report on Wednesday, June 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. Toyota Motor Corp Ltd Ord currently has an average rating of Hold and an average price target of $115.07.

Toyota Motor Corp Ltd Ord (NYSE TM) opened at 110.20 on Tuesday. The stock has a 50 day moving average of $106.46 and a 200 day moving average of $111.80. The firm has a market cap of $163.91 billion, a price-to-earnings ratio of 10.30 and a beta of 0.60. Toyota Motor Corp Ltd Ord has a one year low of $103.62 and a one year high of $123.18.

Toyota Motor Corp Ltd Ord (NYSE:TM) last posted its quarterly earnings data on Wednesday, May 10th. The company reported $2.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $119.46 by $117.14. Toyota Motor Corp Ltd Ord had a return on equity of 10.29% and a net margin of 6.64%. The firm had revenue of $7,442.47 billion for the quarter, compared to analyst estimates of $6,993.26 billion. During the same quarter last year, the company earned $38.38 earnings per share. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Equities research analysts predict that Toyota Motor Corp Ltd Ord will post $10.61 EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of TM. Exane Derivatives boosted its stake in Toyota Motor Corp Ltd Ord by 147,900.0% in the first quarter. Exane Derivatives now owns 1,480 shares of the company’s stock worth $161,000 after buying an additional 1,479 shares during the last quarter. Americafirst Capital Management LLC bought a new stake in Toyota Motor Corp Ltd Ord during the first quarter worth approximately $174,000. Proficio Capital Partners LLC boosted its stake in Toyota Motor Corp Ltd Ord by 76.8% in the first quarter. Proficio Capital Partners LLC now owns 1,710 shares of the company’s stock worth $184,000 after buying an additional 743 shares during the last quarter. Westside Investment Management Inc. boosted its stake in Toyota Motor Corp Ltd Ord by 343.9% in the first quarter. Westside Investment Management Inc. now owns 1,900 shares of the company’s stock worth $202,000 after buying an additional 1,472 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in Toyota Motor Corp Ltd Ord by 7.7% in the first quarter. Quadrant Capital Group LLC now owns 1,957 shares of the company’s stock worth $203,000 after buying an additional 140 shares during the last quarter. Institutional investors and hedge funds own 0.92% of the company’s stock.

Toyota Motor Corp Ltd Ord Company Profile

Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.

Analyst Recommendations for Toyota Motor Corp Ltd Ord (NYSE:TM)

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