Honda Motor Company, Ltd. found using ticker (HMC) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 28.7 and 26.72 calculating the average target price we see 27.71. Given that the stocks previous close was at 22.94 this indicates there is a potential upside of 20.8%. The 50 day moving average now sits at 22.04 and the 200 day MA is 26.02. The market capitalisation for the company is $39,140m. Visit the company website at: http://www.honda.co.jp
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports motorcycles, including trial and moto-cross racing, and business and commuter models; and a range of off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles, as well as vehicles powered with alternative fuel, such as ethanol, battery electric, and fuel cell vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as other financial services comprising wholesale financing to dealers. The Power Product and Other Businesses segment manufactures and sells power products comprising general purpose engines, generators, water pumps, lawn mowers, riding mowers, robotic mowers, brush cutters, tillers, snow blowers, outboard marine engines, walking assist devices, and portable battery inverter power sources. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through overseas operations, independent distributors and retail dealers, and licensees. Honda Motor Co., Ltd. has a collaboration agreement with Isuzu Motor Company to conduct a joint research project for the usage of hydrogen fuel cells to power heavy-duty trucks. The company was founded in 1946 and is headquartered in Tokyo, Japan.