Honda Motor Company, Ltd. (NYSE:HMC)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group LLC in a research note issued to investors on Friday. They currently have a $33.18 price objective on the stock. Jefferies Group LLC’s target price suggests a potential upside of 20.09% from the company’s current price.

A number of other analysts also recently issued reports on the company. J P Morgan Chase & Co downgraded Honda Motor Company from an “overweight” rating to a “neutral” rating in a research note on Wednesday, July 5th. Zacks Investment Research cut Honda Motor Company from a “hold” rating to a “sell” rating in a report on Tuesday, June 27th. BidaskClub cut Honda Motor Company from a “sell” rating to a “strong sell” rating in a report on Thursday, June 22nd. Finally, TheStreet upgraded Honda Motor Company from a “c+” rating to a “b-” rating in a report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $33.59.

Shares of Honda Motor Company (NYSE:HMC) traded up 0.55% on Friday, hitting $27.63. 480,867 shares of the company traded hands. The firm has a market capitalization of $49.80 billion, a P/E ratio of 9.05 and a beta of 1.01. Honda Motor Company has a 1-year low of $24.91 and a 1-year high of $32.17. The firm’s 50-day moving average is $27.87 and its 200 day moving average is $29.61.

Honda Motor Company (NYSE:HMC) last released its quarterly earnings data on Friday, April 28th. The company reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.26. Honda Motor Company had a return on equity of 8.54% and a net margin of 4.44%. The business had revenue of $3,763.40 billion for the quarter, compared to analyst estimates of $3,670.98 billion. During the same quarter in the prior year, the firm posted ($51.85) EPS. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, analysts anticipate that Honda Motor Company will post $2.76 earnings per share for the current fiscal year.

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Large investors have recently modified their holdings of the company. Kempner Capital Management Inc. raised its stake in shares of Honda Motor Company by 6.3% in the first quarter. Kempner Capital Management Inc. now owns 122,757 shares of the company’s stock valued at $3,715,000 after buying an additional 7,232 shares during the period. Two Sigma Investments LP raised its stake in shares of Honda Motor Company by 513.6% in the fourth quarter. Two Sigma Investments LP now owns 49,782 shares of the company’s stock valued at $1,453,000 after buying an additional 41,669 shares during the period. Nicholas Hoffman & Company LLC. raised its stake in shares of Honda Motor Company by 13.4% in the first quarter. Nicholas Hoffman & Company LLC. now owns 27,480 shares of the company’s stock valued at $832,000 after buying an additional 3,240 shares during the period. Sei Investments Co. raised its stake in shares of Honda Motor Company by 10.2% in the first quarter. Sei Investments Co. now owns 67,645 shares of the company’s stock valued at $2,047,000 after buying an additional 6,252 shares during the period. Finally, Level Four Advisory Services LLC raised its stake in shares of Honda Motor Company by 5.2% in the first quarter. Level Four Advisory Services LLC now owns 17,040 shares of the company’s stock valued at $504,000 after buying an additional 835 shares during the period. 2.56% of the stock is currently owned by institutional investors and hedge funds.

About Honda Motor Company

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.

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