Honda Motor Co. (NYSE:HMC) has earned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the stock. Three investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $32.60.

Several research analysts have commented on the company. Zacks Investment Research upgraded Honda Motor from a “sell” rating to a “hold” rating in a report on Wednesday, November 16th. TheStreet upgraded Honda Motor from a “hold” rating to a “buy” rating in a report on Friday, August 12th.

Shares of Honda Motor (NYSE:HMC) opened at 29.41 on Wednesday. The stock has a market cap of $53.01 billion, a PE ratio of 15.38 and a beta of 1.21. The company’s 50-day moving average price is $29.03 and its 200-day moving average price is $28.21. Honda Motor has a 52-week low of $24.03 and a 52-week high of $33.42.

Several hedge funds and other institutional investors have recently made changes to their positions in HMC. SOL Capital Management CO increased its position in shares of Honda Motor by 27.7% in the second quarter. SOL Capital Management CO now owns 12,218 shares of the company’s stock valued at $309,000 after buying an additional 2,650 shares during the period. Sanders Capital LLC increased its position in shares of Honda Motor by 17.8% in the second quarter. Sanders Capital LLC now owns 89,901 shares of the company’s stock valued at $2,277,000 after buying an additional 13,601 shares during the period. Prentiss Smith & Co. Inc. increased its position in shares of Honda Motor by 2.3% in the second quarter. Prentiss Smith & Co. Inc. now owns 166,782 shares of the company’s stock valued at $4,225,000 after buying an additional 3,763 shares during the period. Cardinal Capital Management increased its position in shares of Honda Motor by 4.5% in the second quarter. Cardinal Capital Management now owns 42,867 shares of the company’s stock valued at $1,086,000 after buying an additional 1,828 shares during the period. Finally, Capital Fund Management S.A. increased its position in shares of Honda Motor by 15.7% in the second quarter. Capital Fund Management S.A. now owns 203,029 shares of the company’s stock valued at $5,143,000 after buying an additional 27,600 shares during the period. Institutional investors and hedge funds own 2.77% of the company’s stock.

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Honda Motor Company Profile

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.

5 Day Chart for NYSE:HMC

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