Honda and Hitachi tie-up on electric plans

Honda and Hitachi tie-up on electric plans

About 495,023 shares traded.

Headlines about Honda Motor Company (NYSE:HMC) have been trending somewhat negative this week, according to Accern.

Large investors have recently added to or reduced their stakes in the company. That was announced back in October a year ago when Honda established the new Electric Vehicle Development Division. Mondrian Investment Partners LTD boosted its stake in Honda Motor Company by 33.7% in the first quarter.

The stock increased 0.07% or $0.02 during the last trading session, reaching $27.41. Hanson & Doremus Investment Management now owns 12,555 shares of the company's stock worth $366,000 after buying an additional 135 shares during the last quarter. The original version of this piece can be accessed at https://baseballnewssource.com/markets/neuberger-berman-group-llc-buys-2394-shares-of-honda-motor-company-ltd-hmc-updated-updated/1091929.html.

About 177,505 shares traded. Over the last five days, shares have faced -0.94% losses and now is down -7.1% since hitting its 200-day moving average of $29.61. The company has market cap of $50.71 billion. Honda Motor Company has a 1-year low of $24.03 and a 1-year high of $32.17. Honda Motor Company has a consensus price target of $35.00, indicating a potential upside of 27.78%. The company had revenue of $3,763.40 billion for the quarter, compared to analysts' expectations of $3,670.98 billion. During the same quarter in the prior year, the business posted ($51.85) EPS. The firm's quarterly revenue was up 2.9% on a year-over-year basis. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of global copyright legislation.

Russia: No Deal On De-Escalation Zones In Syria Talks
Moscow also suggested other CIS (Commonwealth of Independent States) should consider sending peacekeeping missions to Syria. Trump is under pressure to take a hard line with Putin.

Analyst Ratings This is a summary of current ratings for SORL Auto Parts and Honda Motor Company, as reported by MarketBeat.com.

A number of other research analysts have also issued reports on the stock. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover HMC having a buy-equivalent rating. On a lighter note, this isn't the first alternative propulsion venture company Honda has invested in. Jefferies upgraded the stock to "Buy" rating in Friday, February 26 report. BidaskClub downgraded Honda Motor Company from a "sell" rating to a "strong sell" rating in a report on Thursday, June 22nd. The company now has a consensus rating of "Hold" and an average target price of $34.50.

Honda Motor Co Ltd (ADR) (NYSE:HMC) has risen 4.10% since July 3, 2016 and is uptrending.

Honda Motor Co., Ltd. develops, makes and markets motorcycles, automobiles and power products across the world.

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