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

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

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.

Related News:

Most liked

Ukraine: We prevented second cyberattack
The cyberattack is estimated to have caused millions of dollars in damage to the infected networks, and some victims have not yet been able to regain access to their data.

Cop adopts abused boy - then his newborn sister too
The Thompsons said they made a decision to share their story in the hopes of offering strength and comfort to other abuse victims. John was admitted to the hospital and placed in the ICU. "They [the biological parents] weren't feeding him".

Tubelight: Here's how Zhu Zhu was zeroed in for Salman Khan starrer!
Be it South Indian Superstars RajiniKanth and Pawan Kalyan or be it the North Indian superstar Salman Khan . The film earned Rs 102.57 crore in its first week; and Rs 9 crore in four days in the second week.

OKC signs Patterson to 3-year deal
Patterson may have an opportunity to start in Oklahoma City as a floor-spacer alongside Russell Westbrook and Paul George . Both of whom are above-average 3-point shooters for their positions.

Xi: China, Germany in new era of strategic cooperation
In the article, Xi pointed out that people-to-people exchanges play an important role in elevating China-Germany relations to a higher level.

Runaway pets found at animal shelter after Fourth of July
The Human Society said they've gotten reports of more than 30 lost dogs over the last two days. "Just totally disappeared. After Monday's storm and 4th of July fireworks, animal shelters are seeing an influx of lost pets.

'The Flash': Is Season 4 Taking on the 'Rebirth' Storyline?
The latest leak, from what looks like the production office whiteboard, is the title of "The Flash " Season 4, Episode 1. Instead, the show has dropped two different hints that Clifford DeVoe , a.k.a.

Medvedev sorry for throwing coins at umpire
Nadal is bidding to record his 850th tour-level match-win and become just the seventh player in history to reach the landmark. Andy Murray and Rafael Nadal made impressive starts to their bids for Wimbledon success as the tournament began on Monday.

Evacuations underway as wildfire breaks out near Breckenridge, Colorado
Peak 7 is under a mandatory evacuation and residents of both Breckenridge and Shekel are warned to prepare to leave their homes. A wildfire near Breckenridge, Colorado is expanding rapidly due to shifting winds, threatening the whole town with evacuation.

Samsung's standalone virtual reality headset gets eye-tracking support
Visual Camp , a VR eye-tracking firm, revealed an early version of Samsung's standalone VR headset in a recent press release . Now we have more information about a new Samsung device that might be hitting the stores as soon as later this year.

Kevin Durant agrees to two-year deal with Warriors
The tweet is seen as a poke at the uncertainty surrounding all news in the first days of the NBA's 2017-18 free agency frenzy. Crawford played 54 games for the Warriors during the 2008-09 season, a year before the franchise drafted Stephen Curry .

Richard Jefferson Announces Return to Cleveland Cavaliers for 2017-18 Season
Cleveland , now being led by Koby Altman, has re-signed Kyle Korver and signed Jose Calderon this summer. Jefferson's return is the latest news in what has been an interesting offseason for the Cavs .

Arizona Humane Society dealing with aftermath of 4th of July fireworks
It's business that you can hear in the shelter's kennel, as some four-legged friends wait for their owners. Pet owners do have to pay a 30 dollar impound fee to get their pet back from the Humane Society.

DOJ sues Hobby Lobby for hoarding Iraq's antiquities
Green also serves as chairman of the board of the Museum of the Bible which is slated to open in Washington, D.C. this November. In a statement, Hobby Lobby President Steve Green acknowledged "regrettable mistakes" that he chalked up to inexperience.

13 al-Shabaab militants killed in southern Somalia
U.S. forces conducted a "collective self-defense strike" against al Qaeda affiliated al Shabaab in Somalia on Tuesday night, U.S. The raid came after a series of attacks in Kenya claimed by Somali militants, killing at least 28 people in the last six weeks.